Amounts that may be paid into State campaign accounts
440A Amounts that may be paid into State campaign accounts
This section applies in relation to—
an entity that, immediately before the start date, is a registered political party; and
an entity that—
immediately before 1 August 2020, was an associated entity of a registered political party; and
is, and has continued to be since 1 August 2020, an associated entity of a registered political party.
Despite new section 216, the following amounts may be paid into a State campaign account of the registered political party—
for the party—
money held by the party on the start date; and
proceeds from the disposal of property, or a return on an investment, held by the party before the start date; and
if, after the start date, the party used the proceeds or return on investment mentioned in subparagraph (ii) to purchase property or make an investment—proceeds from the disposal of the property or a return on the investment;
for the associated entity of the party—
money held by the associated entity of the party before 1 August 2020; and
proceeds from the disposal of property, or a return on an investment, held by the associated entity of the party before 1 August 2020; and
if, after 1 August 2020, the associated entity of the party used the proceeds or return on investment mentioned in subparagraph (ii) to purchase property or make an investment—proceeds from the disposal of the property or a return on the investment.
In this section—start date means the later of the following days—
1 July 2022;
if a general election is held during June 2022—the day that is 30 days after the polling day for the election.
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