36Exemption for political donations for federal government election and third party campaigns

36 Exemption for political donations for federal government election and third party campaigns

36 Exemption for political donations for federal government election and third party campaigns

(1) Federal government campaign donations The making, acceptance or soliciting of a political donation, or the making of a gift to an individual for the purpose of the individual making a political donation, that is to be paid into (or held as an asset of) an account kept exclusively for the purposes of federal government election campaigns is exempt from sections 46 and 52 of the Act.

(2) The acceptance of a political donation of property (not being money) that is held as an asset of an account kept for federal government election campaigns ceases to be exempt under subclause (1) if the proceeds of the disposal of the property are paid into any other account.

(3) Third-party campaigner donations The making, acceptance or soliciting of a political donation, or the making of a gift to an individual for the purpose of the individual making a political donation, to a third-party campaigner that is not to be paid into (or held as an asset of) the campaign account of the third-party campaigner under section 42 of the Act is exempt from sections 46 and 52 of the Act.