Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

COMMONWEALTH ELECTORAL ACT 1918 - SECT 314AC

Amounts received

  (1)   If the sum of all amounts received by, or on behalf of, a registered political party or a significant third party from a person or organisation during a financial year is more than the disclosure threshold, the return must (subject to subsection   (4)) include the particulars of that sum.

  (2)   In calculating the sum, an amount that is less than or equal to the disclosure threshold need not be counted.

  (3)   The particulars of the sum required to be furnished under subsection   (1) are the amount of the sum and:

  (a)   if the sum was received from an unincorporated association, other than a registered industrial organisation:

  (i)   the name of the association; and

  (ii)   the names and addresses of the members of the executive committee (however described) of the association; or

  (b)   if the sum was purportedly paid out of a trust fund or out of the funds of a foundation:

  (i)   the names and addresses of the trustees of the fund or of the foundation; and

  (ii)   the title or other description of the trust fund, or the name of the foundation, as the case requires; or

  (ba)   if the sum was received as a result of a loan--the information required to be kept under subsection   306A(3), or the name of the financial institution, as the case requires; or

  (c)   in any other case--the name and address of the person or organisation.

  (4)   This section does not apply in relation to an amount if:

  (a)   the amount was received by, or on behalf of, a person or organisation that was registered under the Australian Charities and Not - for - profits Commission Act 2012 ; and

  (b)   no part of the amount was used during the financial year by the person or organisation:

  (i)   to enable the person or organisation to incur electoral expenditure, or create or communicate electoral matter; or

  (ii)   to reimburse the person or organisation for incurring electoral expenditure, or creating or communicating electoral matter.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback