Document ID: chunk:federal_register_of_legislation:C2025A00016:clause:5_310d:p1
Version: federal_register_of_legislation:C2025A00016
Segment Type: clause
Provision Reference: sch 5 cl 310D (pt 1/2)
Character Range: 242218–244960

310D  Associated entity returns
 (1) The financial controller of an entity that is an associated entity at any time during a calendar year must provide the Electoral Commission a return for a calendar year in accordance with this section.
Note 1: All nominated entities are required to be registered as associated entities: see paragraphs 287H(1)(b) and 287MB(1)(c).
Note 2: See section 310H for additional disclosure obligations for entities that become registered as an associated entity in a calendar year.
Note 3: A return must be provided even if no amounts were received, paid or incurred (see section 309).
Civil penalty:
The higher of the following:
 (a) 120 penalty units;
 (b) if an amount is not disclosed in accordance with subsection (1) and there is sufficient evidence for the court to determine the amount, or an estimate of the amount, not disclosed—3 times that amount.

Timing of return etc.
 (2) The return must:
 (a) be provided to the Electoral Commission within 8 weeks of the end of the calendar year; and
 (b) be in the approved form.

Content of return
 (3) The return must set out the following information:
 (a) the total amount received by or on behalf of the entity during the calendar year, together with the details (if any) required by section 310J;
 (b) the total amount of gifts made for a federal purpose that were received by the entity during the calendar year, together with the details required by section 310K;
 (c) the total amount paid by or on behalf of the entity during the calendar year, together with the details (if any) required by section 310L;
 (d) the total electoral expenditure incurred by the entity during the calendar year, together with the details required by section 310M;
 (e) the total outstanding amount, as at the end of the calendar year, of all debts incurred by or on behalf of the entity, together with the details (if any) required by section 310N;
 (f) details of any discretionary benefits received by or on behalf of the entity from the Commonwealth during the calendar year.
Note 1: For the meaning of federal purpose, see subsection 287(1).
Note 2: See Division 4 (disclosure of donations) for additional disclosure obligations in relation to certain gifts.

Details of federal administrative accounts
 (3A) The return must set out details of any federal administrative accounts kept in relation to the entity at any time in the calendar year.

Financial controller of deregistered associated entity
 (4) If an associated entity is deregistered before the end of the period for providing the return as mentioned in paragraph (2)(a), subsection (1) applies to the person who was the financial controller of the associated entity immediately before that deregistration.