Electoral Regulation 2024
sec.13Period for giving returns by entities for gifts made to political parties— Act , s 265
Start here
Get a plain-English read of sec.13
Turn the raw legal text into a practical explanation grounded in Electoral Regulation 2024.
sec.13 Period for giving returns by entities for gifts made to political parties— Act , s 265
For section 265 (2) of the Act , the day prescribed for a return about a gift made by an entity to a registered political party is the seventh business day after the day the gift is made. For section 265 (4) of the Act , the day prescribed is— for the gift (the threshold gift ) that first causes the gifts made by the entity during a reporting period to total an amount or value that is equal to or more than the gift threshold amount, and for each gift made before the threshold gift is made—the seventh business day after the day the threshold gift is made; and for each subsequent gift—the seventh business day after the day the gift is made. (sec.13-ssec.1) For section 265 (2) of the Act , the day prescribed for a return about a gift made by an entity to a registered political party is the seventh business day after the day the gift is made. (sec.13-ssec.2) For section 265 (4) of the Act , the day prescribed is— for the gift (the threshold gift ) that first causes the gifts made by the entity during a reporting period to total an amount or value that is equal to or more than the gift threshold amount, and for each gift made before the threshold gift is made—the seventh business day after the day the threshold gift is made; and for each subsequent gift—the seventh business day after the day the gift is made.
- (a) for the gift (the threshold gift ) that first causes the gifts made by the entity during a reporting period to total an amount or value that is equal to or more than the gift threshold amount, and for each gift made before the threshold gift is made—the seventh business day after the day the threshold gift is made; and
- (b) for each subsequent gift—the seventh business day after the day the gift is made.