Page:Foreign Interference (Countermeasures) Act 2021.pdf/89

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FOREIGN INTERFERENCE (COUNTERMEASURES)
89


(c) any gift given to the Member of Parliament or a political office holder in his or her capacity as such, in the course of a visit or an event hosted by a foreign State and which is immediately surrendered to the Government.

(4) In subsection (1), a licensed broadcaster is a person who is licensed under the Broadcasting Act 1994 to provide broadcasting services.

Meaning of “reportable political donation”

53.—(1) In this Act, a “reportable political donation” is—

(a) in the case of disclosure under section 62 by a politically significant person—a political donation of or exceeding $10,000 (or a higher amount prescribed by Regulations in substitution) made to or for the benefit of that politically significant person; or
(b) in the case of disclosure under section 70 by a major political donor—a political donation of or exceeding $10,000 (or a higher amount prescribed by Regulations in substitution) made to or for the benefit of a politically significant person.

(2) A political donation of less than an amount specified in subsection (1)(a) or (b) made by a person (called a donor) to a politically significant person must be treated as a reportable political donation of the politically significant person if—

(a) that political donation made by the donor in a reporting period to the politically significant person; and
(b) another earlier, separate political donation made by that donor to the same politically significant person within the same reporting period,

would, if aggregated, constitute a reportable political donation under subsection (1)(a) or (b), as the case may be.

When is political donation accepted

54.—(1) Subject to subsections (2) and (3), a political donation is accepted—