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SEC registration for party-list groups scrapped
The transfer of jurisdiction allows Comelec to have more power to regulate and accredit organizations looking to gain seats in the House of Representatives. #partylistregistration
The SEC office in Ortigas Center. (Flickr)
New and existing party-list groups will no longer need register with the Securities and Exchange Commission (SEC) to participate in elections after the latter has officially transferred jurisdiction over such organizations to the Commission on Elections (Comelec).
The transfer of jurisdiction allows Comelec to have more power to regulate and accredit organizations looking to gain seats in the House of Representatives.
Likewise, it is provided under Section 182 of the “Revised Corporation Code of the Philippines” or Republic Act No. 11232 as well as in Comelec Resolution No. 10605.
The resolution says that SEC-issued Articles of Incorporation, By-Laws, and Certificate of Registration will no longer be required as supporting documents to a petition for registration as a party-list.
The said documents are formerly required for the accreditation party-lists by Comelec under Section 7 (e) of Comelec Resolution No. 9366.
Comelec Resolution No. 10605 also provides that existing party-list organizations already registered with the Commission do not need to register with SEC.
Meanwhile, the poll body also created a liason team that will be constantly coordinating with the SEC regarding issues that may arise related to the transfer of responsibilities.
The Comelec said the liason team will be composed of representatives from the Office of the Deputy Executive Director for Operations, Law Department, Office of the Clerk of the Commission, and Campaign Finance Office.
Poll Resolution No. 10605 dated 1 October was released by the poll body on Wednesday, 9 October.