sec.125GDisclosure of amounts by associated entities

### sec.125G Disclosure of amounts by associated entities This section applies if, at any time during a reporting period, an entity was an associated entity of— a candidate in an election; or a group of candidates for an election. The financial controller of the associated entity must, within 8 weeks after the end of the reporting period, give the electoral commission a return in the approved form stating— the total amount received by or for the associated entity from anyone during the reporting period; and the total amount paid by or for the associated entity to anyone during the reporting period; and if the entity is an associated entity of a candidate or of a group of candidates at the end of the reporting period—the total amount outstanding, at the end of the reporting period, of all debts incurred by or for the entity to anyone; and any other information prescribed by regulation. A return under this section must be accompanied by a certificate from an auditor. See section 135D . If the total of all amounts received from a particular entity during a reporting period is equal to or more than $500, a return under subsection (2) must also state— the total amount received; and if all or part of the total was a gift—the relevant details for the gift; and if all or part of the total was an amount borrowed from a financial institution—the name of the financial institution from which the amount was borrowed; and if all or part of the total was a loan from an entity—the relevant details for the loan. If the total of all amounts paid to a particular entity during a reporting period is equal to or more than $500, a return under subsection (2) must also state the following— the total amount paid; if the total was paid to an unincorporated association— the name of the association; and the names and addresses of the members of the executive committee (however described) of the association; if the total was paid to a trust fund or foundation— the names and addresses of the trustees of the fund or the foundation; or the title or other description of the trust fund or the name of the foundation; if the total was paid to another entity—the name and address of the entity. In calculating the total under subsection (3) or (4) , an amount paid under a contract of employment or an award stating terms and conditions of employment need not be counted. Subsection (7) applies if any amount required to be disclosed under subsection (2) (b) for a reporting period— was paid by the associated entity to, or for, 1 or more registered political parties; and was paid out of funds generated from the capital of the associated entity. The return must also state the following details about each person who contributed to the capital at any time— the name and address of the person; the total amount of the person’s contributions to the capital, up to the end of the reporting period to which the return relates. A reference in subsection (2) (a) or (b) to an amount received or paid does not include an amount received or paid when the entity was not an associated entity of a candidate in an election or group of candidates for an election. Subsection (7) does not apply to contributions that have been set out in a previous return under subsection (2) . In this section— amount includes the value of a gift, loan or bequest. s 125G ins 2023 No. 8 s 41 (sec.125G-ssec.1) This section applies if, at any time during a reporting period, an entity was an associated entity of— a candidate in an election; or a group of candidates for an election. (sec.125G-ssec.2) The financial controller of the associated entity must, within 8 weeks after the end of the reporting period, give the electoral commission a return in the approved form stating— the total amount received by or for the associated entity from anyone during the reporting period; and the total amount paid by or for the associated entity to anyone during the reporting period; and if the entity is an associated entity of a candidate or of a group of candidates at the end of the reporting period—the total amount outstanding, at the end of the reporting period, of all debts incurred by or for the entity to anyone; and any other information prescribed by regulation. A return under this section must be accompanied by a certificate from an auditor. See section 135D . (sec.125G-ssec.3) If the total of all amounts received from a particular entity during a reporting period is equal to or more than $500, a return under subsection (2) must also state— the total amount received; and if all or part of the total was a gift—the relevant details for the gift; and if all or part of the total was an amount borrowed from a financial institution—the name of the financial institution from which the amount was borrowed; and if all or part of the total was a loan from an entity—the relevant details for the loan. (sec.125G-ssec.4) If the total of all amounts paid to a particular entity during a reporting period is equal to or more than $500, a return under subsection (2) must also state the following— the total amount paid; if the total was paid to an unincorporated association— the name of the association; and the names and addresses of the members of the executive committee (however described) of the association; if the total was paid to a trust fund or foundation— the names and addresses of the trustees of the fund or the foundation; or the title or other description of the trust fund or the name of the foundation; if the total was paid to another entity—the name and address of the entity. (sec.125G-ssec.5) In calculating the total under subsection (3) or (4) , an amount paid under a contract of employment or an award stating terms and conditions of employment need not be counted. (sec.125G-ssec.6) Subsection (7) applies if any amount required to be disclosed under subsection (2) (b) for a reporting period— was paid by the associated entity to, or for, 1 or more registered political parties; and was paid out of funds generated from the capital of the associated entity. (sec.125G-ssec.7) The return must also state the following details about each person who contributed to the capital at any time— the name and address of the person; the total amount of the person’s contributions to the capital, up to the end of the reporting period to which the return relates. (sec.125G-ssec.8) A reference in subsection (2) (a) or (b) to an amount received or paid does not include an amount received or paid when the entity was not an associated entity of a candidate in an election or group of candidates for an election. (sec.125G-ssec.9) Subsection (7) does not apply to contributions that have been set out in a previous return under subsection (2) . (sec.125G-ssec.10) In this section— amount includes the value of a gift, loan or bequest. - (a) a candidate in an election; or - (b) a group of candidates for an election. - (a) the total amount received by or for the associated entity from anyone during the reporting period; and - (b) the total amount paid by or for the associated entity to anyone during the reporting period; and - (c) if the entity is an associated entity of a candidate or of a group of candidates at the end of the reporting period—the total amount outstanding, at the end of the reporting period, of all debts incurred by or for the entity to anyone; and - (d) any other information prescribed by regulation. - (a) the total amount received; and - (b) if all or part of the total was a gift—the relevant details for the gift; and - (c) if all or part of the total was an amount borrowed from a financial institution—the name of the financial institution from which the amount was borrowed; and - (d) if all or part of the total was a loan from an entity—the relevant details for the loan. - (a) the total amount paid; - (b) if the total was paid to an unincorporated association— (i) the name of the association; and (ii) the names and addresses of the members of the executive committee (however described) of the association; - (i) the name of the association; and - (ii) the names and addresses of the members of the executive committee (however described) of the association; - (c) if the total was paid to a trust fund or foundation— (i) the names and addresses of the trustees of the fund or the foundation; or (ii) the title or other description of the trust fund or the name of the foundation; - (i) the names and addresses of the trustees of the fund or the foundation; or - (ii) the title or other description of the trust fund or the name of the foundation; - (d) if the total was paid to another entity—the name and address of the entity. - (i) the name of the association; and - (ii) the names and addresses of the members of the executive committee (however described) of the association; - (i) the names and addresses of the trustees of the fund or the foundation; or - (ii) the title or other description of the trust fund or the name of the foundation; - (a) was paid by the associated entity to, or for, 1 or more registered political parties; and - (b) was paid out of funds generated from the capital of the associated entity. - (a) the name and address of the person; - (b) the total amount of the person’s contributions to the capital, up to the end of the reporting period to which the return relates.