Document ID: chunk:federal_register_of_legislation:C2025C00152:clause:3_306a:p2
Version: federal_register_of_legislation:C2025C00152
Segment Type: clause
Provision Reference: sch 3 cl 306A (pt 2/2)
Character Range: 741017–743030

otherwise—the agent or financial controller of the loan recipient; or
 (b) in any other case—the candidate or a member of the group or the agent of the candidate or of the group, as the case may be.
 (7) For the purposes of this section, if credit is provided on a credit card in respect of card transactions, the credit is to be treated as a separate loan for each transaction.
 (7A) Despite subsection 287(9), for the purposes of this section, a person who is a candidate in an election or by‑election:
 (a) is taken to begin to be a candidate in the election or by‑election on the earlier of the following days:
 (i) the day that is 6 months before the day the person announced that the person would be a candidate in the election or by‑election;
 (ii) the day that is 6 months before the day the person nominated as a candidate in the election or by‑election; and
 (b) is taken to cease to be a candidate in the election or by‑election at the end of 30 days after the polling day in the election or by‑election.
 (7B) Despite subsection 287(9), for the purposes of this section, a group:
 (a) is taken to begin to be a group in an election on the day that is 6 months before the day the members of the group make a request under section 168 for their names to be grouped in the ballot papers for the election; and
 (b) is taken to cease to be a group in the election at the end of 30 days after the polling day in the election.
 (8) In this section:
financial institution means an entity which carries on a business that consists of, or includes, the provision of financial services or financial products and which is:
 (a) a bank; or
 (b) a credit union; or
 (c) a building society; or
 (d) any other entity registered under the Australian Financial Institutions Commission Codes as a special service provider; or
Note: See section 111AZB of the Corporations Act 2001 for the Australian Financial Institutions Commission Codes.
 (e) an entity prescribed by the regulations for the purposes of this paragraph.