sec.122ARequirement to notify third party of obligation to give return under s 118B

### sec.122A Requirement to notify third party of obligation to give return under s 118B This section applies if— a gift is made to or for the benefit of a candidate or group of candidates that is— of a value equal to or more than $500; and comprised of a gift mentioned in section 118B (1) made by a third party for an election; or a gift mentioned in section 118A (1) (a) is made to or for the benefit of a third party for the election by another third party for the election. Within 7 business days after the gift is received by the recipient, the agent of the candidate or group of candidates, or the third party to or for whose benefit the gift was made, must give the third party who made the gift a notice that states the third party may be required, under section 118B , to give a return about the gift. Maximum penalty—20 penalty units. s 122A ins 2019 No. 30 s 237 sub 2023 No. 8 s 40 (sec.122A-ssec.1) This section applies if— a gift is made to or for the benefit of a candidate or group of candidates that is— of a value equal to or more than $500; and comprised of a gift mentioned in section 118B (1) made by a third party for an election; or a gift mentioned in section 118A (1) (a) is made to or for the benefit of a third party for the election by another third party for the election. (sec.122A-ssec.2) Within 7 business days after the gift is received by the recipient, the agent of the candidate or group of candidates, or the third party to or for whose benefit the gift was made, must give the third party who made the gift a notice that states the third party may be required, under section 118B , to give a return about the gift. Maximum penalty—20 penalty units. - (a) a gift is made to or for the benefit of a candidate or group of candidates that is— (i) of a value equal to or more than $500; and (ii) comprised of a gift mentioned in section 118B (1) made by a third party for an election; or - (i) of a value equal to or more than $500; and - (ii) comprised of a gift mentioned in section 118B (1) made by a third party for an election; or - (b) a gift mentioned in section 118A (1) (a) is made to or for the benefit of a third party for the election by another third party for the election. - (i) of a value equal to or more than $500; and - (ii) comprised of a gift mentioned in section 118B (1) made by a third party for an election; or