Document ID: chunk:federal_register_of_legislation:C2025A00016:clause:6_8:p1
Version: federal_register_of_legislation:C2025A00016
Segment Type: clause
Provision Reference: sch 6 cl 8 (pt 1/2)
Character Range: 272441–275029

8                 A person or entity that is a third party                                                      The third party                                                     The period beginning on the day in the calendar year the person or entity becomes a third party and ending at the end of the calendar year

Obligation in relation to gifts
 (2) A person or entity covered by column 1 of an item in the table in subsection (1) must take all reasonable steps to ensure that each gift of money that satisfies the following requirements is credited, during the relevant period, to a federal account kept for the purposes of this Part in relation to the person or entity covered by column 2 of that item:
 (a) the gift is received by the person or entity covered by column 2 of that item in the relevant period;
 (b) the gift is made for a federal purpose.

Additional obligation for agents of registered political parties
 (3) If, under subsection 299A(1), the Electoral Commission pays an amount under section 298D or 298E by cheque payable to a registered political party, the agent of the party must, before the end of the period of 7 days beginning on the day the agent receives the cheque, ensure that the amount of the cheque is credited to a federal account kept for the purposes of this Part in relation to the party.

Obligation to credit only required or permitted amounts
 (4) A person or entity covered by column 1 of an item in the table in subsection (1) must take all reasonable steps to ensure that the only amounts that are credited to a federal account kept for the purposes of this Part in relation to the person or entity covered by column 2 of the item are the following:
 (a) amounts required to be credited to a federal account kept for the purposes of that person or entity under subsection (2) or (3) of this section or another provision of this Act;
 (b) amounts that are:
 (i) to be used for a federal purpose; and
 (ii) permitted to be credited to a federal account kept for the purposes of that person or entity under section 292FAA, 292FAB, 292FAC, 292FAD or 292FAE or another provision of this Act.

Action in relation to amounts incorrectly credited
 (7) If a person or entity covered by column 1 of an item in the table in subsection (1) becomes aware that an amount (the relevant amount) has been credited to a federal account kept for the purposes of this Part, in relation to the person or entity covered by column 2 of that item, in circumstances not permitted by this section, the person or entity covered by column 1 of that item:
 (a) must