Amounts to be paid into State campaign account
130L Amounts to be paid into State campaign account
Subject to this section (including regulations under subsection (4)), the agent of a registered political party, third party, candidate or group must ensure that the following amounts received by or on behalf of the registered political party, third party, candidate or group are paid into the State campaign account kept by the agent of the registered political party, third party, candidate or group:
a payment of funding under Division 4;
an amount of money lawfully received by or on behalf of a registered political party, third party, candidate or group intended to be used by the registered political party, third party, candidate or group (as the case may be)—
to enable the registered political party, third party, candidate or group to incur political expenditure; or
to reimburse the registered political party, third party, candidate or group for incurring political expenditure.
Note—
If an amount of money is received for multiple purposes, this provision requires that the part of the amount intended to be used for a purpose referred to in subparagraph (i) or (ii) is to be paid into the State campaign account.
In addition, the agent of a designated participant must ensure that a donation that is an amount of money received by or on behalf of the designated participant is paid into the State campaign account kept by the agent of the designated participant unless—
the donation is made or received in contravention of this Part; or
the donation is not an electoral donation; or
the donation is otherwise an amount that must not be paid into such an account in accordance with this Division.
Nothing in this section is to be taken to apply to an amount received by a person that is lawfully paid into a federal account kept in accordance with the Commonwealth
Electoral Act 1918.
The regulations may make provision in relation to amounts that the agent of a registered political party, third party, candidate or group must, or must not, pay into the State campaign account kept by the agent.
If a person keeps a federal account with an ADI for a federal purpose, the agent of the person must ensure that no amount is paid or transferred from that account into the State campaign account.
A person does not commit an offence against this Part for a contravention of a provision of this section (or the regulations) if the person, on becoming aware that an amount of money was paid into the State campaign account in contravention of the relevant provision, takes all reasonable steps to immediately withdraw the amount from the account.
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