Page:Foreign Interference (Countermeasures) Act 2021.pdf/83

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FOREIGN INTERFERENCE (COUNTERMEASURES)
83


(3) A designation under section 47(1) or 48(1) of a relevant entity or relevant individual as a politically significant person has effect during the period—

(a) starting when notice of the designation is given to the person concerned under subsection (2), or at any later time specified in the notice of designation where so specified; and
(b) ending when the designation is cancelled under section 47(3) or 48(3).


PART 5
COUNTERMEASURES FOR DONOR ACTIVITIES

Division 1—General

Application according to capacity

50.—(1) Without limiting section 2, this Part establishes a transparent system for donations for political purposes by creating certainty about who is making a political donation and by requiring the donor to be properly identified.

(2) To avoid doubt—

(a) an individual may at any one time be 2 or more of the following:
(i) a candidate;
(ii) a Member of Parliament;
(iii) a political office holder,
and this Part may impose duties or liabilities on the individual accordingly;
(b) this Part may at any one time impose the same duty or liability on 2 or more individuals or persons, whether in the same capacity or in different capacities; and
(c) a duty or liability imposed by this Part on any person is not diminished or affected by the fact that it is imposed on one