487. In respect of the financing of political parties and the control of election expenses, the Chief Electoral Officer shall, in particular,(1) authorize parties, party authorities, independent Members and independent candidates;
(2) verify that the parties, party authorities, independent Members and candidates are complying with the provisions of the Act;
(3) receive, examine and, if necessary, audit financial reports and returns of election expenses;
(3.1) receive, and verify the compliance of, the contributions of electors and remit them to the authorized entity concerned;
(4) inquire into the legality of expenditures incurred by an authorized entity, and election contributions and expenses.