Document ID: chunk:federal_register_of_legislation:C2025C00152:clause:3_314b:p1
Version: federal_register_of_legislation:C2025C00152
Segment Type: clause
Provision Reference: sch 3 cl 314B (pt 1/2)
Character Range: 790978–793643

314B  Disclosure of amounts given etc. for federal purposes

Disclosure of amounts and benefits given etc.
 (1) Despite any State or Territory electoral law, a person or entity is not required to disclose under that law an amount of money, or information relating to an amount of money, (including a gift or loan) if the person or entity expressly gives the amount to, or for the benefit of, a regulated entity for federal purposes.
 (1A) Despite any State or Territory electoral law, a person or entity is not required to disclose under that law the value of a non‑monetary benefit, or information relating to a non‑monetary benefit, if the person or entity expressly provides the benefit to, or for the benefit of, a regulated entity for federal purposes.
Note: For the definition of non‑monetary benefit, see subsection (8).

Disclosure of amounts and other benefits received
 (1B) Despite any State or Territory electoral law, a regulated entity is not required to disclose under that law an amount of money, or information relating to an amount of money, (including a gift or loan) that is received by or on behalf of the regulated entity if:
 (a) the amount is deposited into a federal account as soon as practicable after the amount is received; and
 (b) the amount is not transferred or withdrawn out of the account except:
 (i) to use the amount for federal purposes; or
 (ii) to transfer the amount to another federal account.
 (1C) To avoid doubt, subsection (1B) is taken never to have applied if, at any time, the amount is transferred or withdrawn out of the account, or any other federal account, except as provided by subparagraph (1B)(b)(i) or (ii).
 (2) Despite any State or Territory electoral law, a regulated entity is not required to disclose under that law the value of a non‑monetary benefit, or information relating to a non‑monetary benefit, that is received by or on behalf of the regulated entity unless the regulated entity keeps the benefit for use for, or uses the benefit for, purposes other than federal purposes.
 (3) To avoid doubt, subsection (2) is taken never to have applied if, at any time, the regulated entity keeps the benefit for use for, or uses the benefit for, purposes other than federal purposes.
 (4) Subsections (1B) and (2) also have the effect they would have if a reference to an amount or benefit were confined to an amount or benefit expressly given or provided for federal purposes.

Disclosure of expenditure
 (5) Despite any State or Territory electoral law, a regulated entity is not required to disclose under that law an amount, or information relating to an amount, of expenditure if the expenditure is