Annual returns relating to amounts received for political expenditure
130ZS Annual returns relating to amounts received for political expenditure
A person must provide a return for a financial year in accordance with this section if—
the person is required to provide a return for the year under section 130ZQ or 130ZR (or both); and
the person received an amount or amounts, at any time, that the person used during the year (either wholly or partly)—
to enable the person to incur political expenditure; or
to reimburse the person for incurring political expenditure; and
at least 1 such amount was more than $1 000; and
at the time that the person received the amount, the person was not—
a relevant entity; or
a candidate in an election; or
a member of a group.
The person must provide to the Electoral Commissioner a return for the financial year setting out the prescribed details in respect of each amount of more than $1 000 referred to in subsection (1)(b).
The return must—
be provided before the end of 12 weeks after the end of the financial year; and
be in a form approved by the Electoral Commissioner.
For the purposes of subsection (2),
2 or more amounts given, during the financial year, by the same person to another person are taken to be 1 amount.
In this section—
prescribed details, of an amount received, means—
the value of the amount; and
the date on which it was received; and
the name and address of the person from whom the amount was received;
and
any other details prescribed by the regulations.
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