217JAnnual return by associated entities

217J Annual return by associated entities (1) The registered agent of an associated entity must, within 16 weeks after the end of each financial year beginning on or after 1 July 2018, provide an annual return to the Commission that— (b) in relation to the State campaign account of the associated entity, sets out the following— (i) the total amount received by, or on behalf of, the associated entity; (ii) if the sum of all amounts received from a person or entity during a financial year is more than the disclosure threshold under section 216(1), the following particulars of that sum— (iii) the total amount paid by, or on behalf of, the associated entity during the financial year; (iv) the total outstanding amount as at the end of the financial year, of all debts incurred by, or on behalf of, the associated entity; (v) if the sum of all outstanding debts to a person or entity during a financial year is more than the disclosure threshold under section 216(1), the following particulars of that sum— (C) whether the amount of the debt is to a financial institution or non-financial institution; (2) For the purposes of calculating the sum of all amounts received from a person or entity during a financial year under subsection (1)(b)(ii) or the sum of all outstanding debts to a person or entity during a financial year under subsection (1)(b)(v), any amount that is a political donation made or received for Commonwealth electoral purposes and is not paid into a State campaign account of a person or entity is to be disregarded. S. 217K inserted by No. 30/2018 s. 58.