45Person accepting reportable political donations to record details

#### 45 Person accepting reportable political donations to record details 45 Person accepting reportable political donations to record details (cf section 96C EFED Act) > > (1) It is unlawful for a person to accept a reportable political donation that is required to be disclosed under this Part unless the person— > > > > > (a) makes a record of the details required to be disclosed under this Part in relation to the donation, and > > > > > (b) provides a receipt for the donation (being a receipt that includes a statement required by the regulations as to the circumstances in which the donor is obliged to disclose the donation under this Part). > > > > Note. > > > > Section 145 requires the record to be kept for at least 3 years. > > > (2) This section does not apply to a political donation that is not a reportable political donation at the time it is made. > > > > Note. > > > > Political donations of less than $1,000 may become reportable political donations if separate donations by the same person in the same financial year equal or exceed $1,000.