23Applicable cap on political donations

23 Applicable cap on political donations

23 Applicable cap on political donations

(cf section 95A EFED Act)

Note.

The dollar amounts set out in this section are the adjusted amounts for the financial year beginning 1 July 2017 (see the Election Funding, Expenditure and Disclosures (Adjustable Amounts) Notice under the Election Funding, Expenditure and Disclosures Act 1981). These dollar amounts are to be adjusted for inflation for the financial year beginning 1 July 2018 by Schedule 1.

(1) General cap The applicable cap on political donations is as follows—

(a) $6,100 in the case of any such political donation to or for the benefit of a registered party or of a group,

(b) $2,700 in the case of any such political donation to or for the benefit of—

(i) a party that is not a registered party, or

(ii) an elected member, or

(iii) a candidate, or

(iv) a third-party campaigner, or

(v) an associated entity.

In this subsection, in relation to political donations for local government elections, registered party includes a party registered under the Local Government Act 1993.

Note.

The applicable caps are adjusted for inflation under Schedule 1.

(2) Aggregation of donations during financial year A political donation of or less than an amount specified in subsection (1) made by an entity or other person is to be treated as a donation that exceeds the applicable cap on political donations if that and other separate political donations made by that entity or other person to the same party, elected member, group, candidate, third-party campaigner or associated entity within the same financial year would, if aggregated, exceed the applicable cap on political donations referred to in subsection (1).

(3) Aggregation of donations to elected members, groups or candidates of same party A political donation of or less than an amount specified in subsection (1) made by an entity or other person to an elected member, group or candidate is to be treated as a donation that exceeds the applicable cap on political donations if that and other separate political donations made by that entity or other person to elected members, groups or candidates of the same party within the same financial year would, if aggregated, exceed the applicable cap on political donations to a group referred to in subsection (1).