Document ID: chunk:federal_register_of_legislation:C2025C00152:clause:3_314aec
Version: federal_register_of_legislation:C2025C00152
Segment Type: clause
Provision Reference: sch 3 cl 314AEC
Character Range: 767865–769965

314AEC  Annual returns relating to gifts received by third parties for electoral expenditure
 (1) A person or entity must provide a return for a financial year in accordance with this section if:
 (a) the person or entity is required to provide a return for the year under section 314AEB (annual returns by third parties); and
 (b) the person or entity received a gift or gifts, at any time, that the person or entity used during the year (either wholly or partly):
 (i) to enable the person or entity to incur electoral expenditure; or
 (ii) to reimburse the person or entity for incurring electoral expenditure; and
 (c) either:
 (i) the amount of at least one such gift was more than the disclosure threshold; or
 (ii) the total amount of all gifts received by the person from at least one single person during the financial year was more than the disclosure threshold.
Note: The return required under this section must be included in the return provided under section 314AEB (see paragraph 314AEB(3)(c)).
 (2) The person must provide to the Electoral Commission a return for the financial year setting out the following details:
 (a) for subparagraph (1)(c)(i):
 (i) the amount of each gift covered by that subparagraph; and
 (ii) the date on which the gift was made;
 (b) for subparagraph (1)(c)(ii):
 (i) the total amount of gifts made by each single person who is covered by that subparagraph; and
 (ii) the date on which each of those gifts were made; and
 (c) in any case:
 (i) for a gift or gifts on behalf of the members of an unincorporated association (other than a registered industrial organisation)—the name of the association, and the names and addresses of the members of the executive committee (however described) of the association; or
 (ii) for a gift or gifts purportedly made out of a trust fund, or out of the funds of a foundation—the names and addresses of the trustees of the fund or foundation, and the title, name or other description of the trust fund or foundation; or
 (iii) for any other gift or gifts—the name and address of the person who made the gift or gifts.