Page:Foreign Interference (Countermeasures) Act 2021.pdf/94

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94
NO. 28 OF 2021


(3) Where a political donation confers an enduring benefit on any politically significant person during the whole or part of a relevant reporting period, the amount that must be recorded in any donation report required to be prepared under this Part is so much of the total value of the political donation (as determined in accordance with section 15) as accrues during the whole or part of that relevant reporting period to which the donation report relates.

Division 2—Restrictions on accepting political donations

Political donations from impermissible donors, etc.

56. Subject to this Act, a politically significant person must not accept any political donation if it is offered by a person (called in this section the donor) who, at the time of its acceptance by the politically significant person, the politically significant person knows—

(a) in the case of any politically significant person who is not a Part 4 politically significant person, is not a permissible donor; or
(b) in the case of a Part 4 politically significant person, is a prohibited donor in relation to the Part 4 politically significant person because of a prohibited donor directive.

Anonymous donations

57. Subject to this Act, each of the following politically significant persons must not accept any political donation that is an anonymous donation:

(a) a politically significant person excluding a Part 4 politically significant person;
(b) a Part 4 politically significant person who is given an anonymous donations directive.

Applicable cap on anonymous political donations

58.—(1) Despite section 57, a politically significant person may accept—

(a) during the initial relevant period for that politically significant person; and