Document ID: chunk:federal_register_of_legislation:C2025A00016:clause:2_302v
Version: federal_register_of_legislation:C2025A00016
Segment Type: clause
Provision Reference: sch 2 cl 302V
Character Range: 56902–59078

302V  Simplified outline of this Division

      A donation disclosure notice must be given to the Electoral Commission if certain kinds of gifts are received by any of the following:
             (a) members of the House of Representatives and Senators;
             (b) candidates in elections or by‑elections;
             (c) registered political parties;
             (d) State branches of registered political parties;
             (e) significant third parties, associated entities, third parties and nominated entities.
      The kinds of gifts that must be disclosed are:
             (a) gifts made for a federal purpose; or
             (b) certain other gifts;
      where the amount or value of the gift is over the disclosure threshold. A notice must also be given if the total amount or value of all gifts received from the same person or entity in a calendar year is over the disclosure threshold.
      Subdivision B sets out when the recipient of a gift made for a federal purpose must give a donation disclosure notice to the Electoral Commission.
      Subdivision C sets out when the donor of a gift made for a federal purpose must give a donation disclosure notice to the Electoral Commission.
      Subdivision D requires the Electoral Commissioner to publish some of the information about gifts made for a federal purpose in a donation disclosure notice on the Transparency Register.
      Subdivision E sets out when a recipient of certain other gifts must give a donation disclosure notice to the Electoral Commission.
      Subdivision F requires the Electoral Commissioner to publish some of the information about those other gifts in a donation disclosure notice on the Transparency Register.
      Subdivision G deals with limitations on loans made to political parties, State branches, significant third parties or candidates that are more than the disclosure threshold.
      Subdivision G also provides that gifts of more than the disclosure threshold to a political party, State branch, significant third party or candidate by a corporation that is wound up within a year of making the gift may be recovered from the recipient of the gift.