Electoral Act 1992

The financial controller of an entity must give the commission a return about a gift or loan if—

the entity receives the gift or loan—

during a reporting period; and

when the entity is an associated entity of a registered political party or candidate in an election; and

the value of the gift or amount of the loan is equal to or more than the gift threshold amount.

The return must—

be in the approved form; and

for a return about a gift—state the following—

the value of the gift;

the relevant particulars of the entity that made the gift;

if the entity is not the source of the gift—the relevant particulars of the entity that is the source of the gift; and

for a return about a loan—state the information required to be kept under section 272(3) about the loan; and

be given to the commission by the day, or the time, not more than 8 weeks after the end of the reporting period in which the gift or loan was received, prescribed by regulation.

For subsection (1)—

2 or more gifts made during a reporting period by the same entity to the associated entity are taken to be 1 gift; and

2 or more loans made during a reporting period by the same entity to the associated entity are taken to be 1 loan.

Also, if an entity was an associated entity of a registered political party or candidate in an election at any time during a reporting period, the financial controller of the entity must, within 8 weeks after the end of a reporting period, give the commission a return, in the approved form, that states—

the total amount received by or for the associated entity from all other entities during the reporting period; and

the total amount paid by or for the associated entity to all other entities during the reporting period; and

if the entity is an associated entity of a registered political party or candidate in an election at the end of the reporting period, the total amount outstanding at the end of the reporting period of all debts incurred by or for the entity to all other entities.

A reference in subsection (4)(a) or (b) to an amount received or paid does not include an amount received or paid when the entity was not an associated entity of a registered political party or candidate in an election.