Gifts received before the commencement
425 Gifts received before the commencement
The unamended Act, section 271 applies in relation to a gift received before the commencement by a political party or a person acting for a political party.
Subsection (3) applies if—
a registered political party or person acting for a registered political party received 1 or more gifts from a particular entity after 20 November 2013 but before the commencement; and
the total amount or value of the gifts is equal to or more than the gift threshold amount.
A return given by the agent of the registered political party under section 290(4) for the financial year in which the gifts were received must include the following details for the gifts—
the amount or value of the gifts;
the date on which the gifts were made.
If a return is required, under subsection (3), to include the details mentioned in that subsection, the return is, for section 307(2)(a), incomplete if it does not include the details.
A person does not commit an offence against section 307(2)(b) if, before the commencement, the person failed to keep a record relating to a gift that—
under the unamended Act, could be lawfully received; but
under section 271(1), could not be lawfully received after the commencement.
In this section—gift see section 201.
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