ELECTORAL ACT 1985 - SECT 130ZH
ELECTORAL ACT 1985 - SECT 130ZH
130ZH—Gifts to relevant entities
(1) If a person makes
gifts with amounts or values totalling more than $5 000 (indexed) to
the same relevant entity in a financial year, the person must furnish a return
to the Electoral Commissioner in accordance with this section.
(2) If a person makes
a gift to any person or body with the intention of benefiting a particular
relevant entity, the person is taken for the purposes of subsection (1)
to have made that gift directly to that relevant entity.
(3) For each gift, the
return must set out the following:
(a) the
amount or value of the gift;
(b) the
date on which it was made;
(c) the
name and address of the relevant entity.
(4) The return must
also set out the details prescribed by the regulations in relation to all
gifts of more than $5 000 (indexed), received by the person at any time,
that the person used (either wholly or partly)—
(a) to
enable the person to make the gifts to which the return relates; or
(b) to
reimburse the person for making such gifts.
(5) A return must be
in a form approved by the Electoral Commissioner and furnished at the
prescribed times.
(6) This section does
not apply to gifts made by any of the following:
(a) a
relevant entity;
(b) a
candidate in an election;
(c) a
member of a group.
(7) For the purposes
of this section—
(b) the
"prescribed times" for furnishing a return are as follows:
(i)
in relation to a gift made between the period commencing
30 days after polling day in a general election until the start of the
designated period for the next general election—
(A) if the gift was made after
1 January in a year—within 30 days of 1 July in that
year; or
(B) if the gift was made after 1 July
in a year—within 30 days of 1 January in the next year;
(ii)
in relation to a gift made during the designated period
for the relevant election—at the end of the designated period.
(8) If the agent of a
relevant entity knows that the entity has received a gift requiring a return
to be furnished under this section, the agent must inform the person who gave
the gift of the requirement that the person furnish a return in relation to
the gift under this Part.