sec.25Political donations or other gifts or loans made by particular election participants to other election participants

sec.25 Political donations or other gifts or loans made by particular election participants to other election participants

This section applies for a record about a political donation, or another gift or loan, made by a participant in an election, other than a third party, (the first participant ) to another participant in the election (the second participant ). The following information must be included in the record— the day the political donation, gift or loan was made; the amount or value of the political donation, gift or loan; for a record about a gift—how the value of the gift is worked out under section 201B of the Act ; the relevant particulars of the first participant; for a record about a loan—the terms and conditions of the loan; for a gift that is returned or refunded in full or in part— the day the refund was given or the return was made; and the amount or value refunded or returned; and for a return of a gift of property other than money—how the value of the gift, or the part of the gift, returned is worked out under section 201B of the Act . If the record is about a gift that is electoral expenditure gifted to the second participant, the following information must also be included in the record— details about how the electoral expenditure benefits the second participant; details of the circumstances mentioned in section 200B (1) (b) (i) or (ii) of the Act that apply; details of the consideration, if any, the first participant received from the second participant for incurring the electoral expenditure; a copy of an invoice, if any, the first participant issued to the second participant for the electoral expenditure; for electoral expenditure incurred under an arrangement between the first participant and second participant, and other participants in the election—the details of the arrangement. (sec.25-ssec.1) This section applies for a record about a political donation, or another gift or loan, made by a participant in an election, other than a third party, (the first participant ) to another participant in the election (the second participant ). (sec.25-ssec.2) The following information must be included in the record— the day the political donation, gift or loan was made; the amount or value of the political donation, gift or loan; for a record about a gift—how the value of the gift is worked out under section 201B of the Act ; the relevant particulars of the first participant; for a record about a loan—the terms and conditions of the loan; for a gift that is returned or refunded in full or in part— the day the refund was given or the return was made; and the amount or value refunded or returned; and for a return of a gift of property other than money—how the value of the gift, or the part of the gift, returned is worked out under section 201B of the Act . (sec.25-ssec.3) If the record is about a gift that is electoral expenditure gifted to the second participant, the following information must also be included in the record— details about how the electoral expenditure benefits the second participant; details of the circumstances mentioned in section 200B (1) (b) (i) or (ii) of the Act that apply; details of the consideration, if any, the first participant received from the second participant for incurring the electoral expenditure; a copy of an invoice, if any, the first participant issued to the second participant for the electoral expenditure; for electoral expenditure incurred under an arrangement between the first participant and second participant, and other participants in the election—the details of the arrangement.