Document ID: chunk:federal_register_of_legislation:C2025A00016:clause:3_1:p2
Version: federal_register_of_legislation:C2025A00016
Segment Type: clause
Provision Reference: sch 3 cl 1 (pt 2/2)
Character Range: 124209–125421

Senate‑only election gift cap has the meaning given by subsection 302BA(3).
exceeds the State and Territory gift cap has the meaning given by subsections 302CJ(3) and (4).
overall gift cap for a calendar year means 32 times the annual gift cap for the calendar year.
Note: The overall gift cap for a calendar year resets if a general election is held in the calendar year (see section 302CK).
Senate‑only election gift means a gift to which Subdivision AA applies under subsection 302CB(3).
Senate‑only election gift cap means $50,000.
Note 1: This amount is indexed under section 321A.
Note 2: The Senate‑only election gift cap has effect only during the election period for the Senate‑only election (see subsection 302CB(3)).
Note 3: A gift made to a person or entity for the purposes of a Senate‑only election is not counted for the purposes of the annual gift cap, the overall gift cap or the State and Territory gift cap for the calendar year in which the Senate‑only election is held (see section 302CB).
State and Territory gift cap means 5 times the annual gift cap.
Note: The State and Territory gift cap for a calendar year resets if a general election is held in the calendar year (see section 302CK).