Application of caps in this Subdivision
302APF Application of caps in this Subdivision
This section applies in relation to references in this Subdivision to electoral expenditure incurred by a capped expenditure entity in a period.
To avoid doubt, if, at a time in the period, a capped expenditure entity that satisfies one paragraph of the definition of capped expenditure entity starts to satisfy another paragraph instead, a reference to electoral expenditure incurred by the entity in the period includes electoral expenditure incurred by the entity before the time.
If an entity was not a capped expenditure entity at the start of the period but starts to be one at a time during the period:
a reference to electoral expenditure incurred by the entity in the period includes electoral expenditure incurred by the entity before that time; and
any electoral expenditure incurred by the entity before that time is taken to have been incurred at the time the entity started to be a capped expenditure entity.
This Subdivision does not apply in relation to electoral expenditure incurred by a capped expenditure entity at any time while the entity is a nominated entity of a registered political party.
The nominated entity of a registered political party is a member of a registered political party’s expenditure group and so its electoral expenditure is covered by Subdivision C.
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