Document ID: chunk:federal_register_of_legislation:C2025A00016:clause:5_310c:p1
Version: federal_register_of_legislation:C2025A00016
Segment Type: clause
Provision Reference: sch 5 cl 310C (pt 1/3)
Character Range: 236818–239476

310C  Significant third party returns
 (1) The financial controller of a person or entity that is a significant third party at any time during a calendar year must provide the Electoral Commission a return for the calendar year in accordance with this section.
Note 1: See section 310G for additional disclosure obligations for persons or entities that become registered as a significant third party in a calendar year.
Note 2: 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 person or 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 person or entity during the calendar year, together with the details required by section 310K;
 (c) the total amount paid by or on behalf of the person or entity during the calendar year;
 (d) the total electoral expenditure incurred by the person or 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 person or entity, together with the details (if any) required by section 310N;
 (f) details of any discretionary benefits received by or on behalf of the person or 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 person or entity at any time in the calendar year.

Expenditure incurred when not registered but required to be so
 (4) The financial controller of a person or entity that is taken to have incurred an amount of electoral expenditure in a calendar year (the later calendar year) under section 287J must provide:
 (a) a return for the calendar year in which the expenditure