sec.12Gifts or loans made to or for the benefit of particular relevant entities

sec.12 Gifts or loans made to or for the benefit of particular relevant entities

This section applies for a record about a gift or loan made to, or for the benefit of, a relevant entity for an election, other than a third party. The following information must be included in the record— the relevant details for the gift or loan; a statement that the person who made the gift or loan is not a prohibited donor; for a record about a gift—how the value of the gift is worked out under section 108 of the Act ; for a record about a gift that is refunded or returned in full or in part— the day the refund was given or the return was made; and the 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 108 of the Act . If the record is about a gift that is electoral expenditure gifted to the relevant entity, the following information must also be included in the record— details about how the electoral expenditure benefits the entity; details of the circumstances mentioned in section 109C (1) (b) (i) or (ii) of the Act that apply; details of the consideration, if any, the entity provided for the electoral expenditure; a copy of an invoice, if any, issued to the entity for the electoral expenditure; for electoral expenditure incurred under an arrangement between the entity and 1 or more other relevant entities in the election—details of the arrangement. In this section— prohibited donor see section 113 (1) of the Act . (sec.12-ssec.1) This section applies for a record about a gift or loan made to, or for the benefit of, a relevant entity for an election, other than a third party. (sec.12-ssec.2) The following information must be included in the record— the relevant details for the gift or loan; a statement that the person who made the gift or loan is not a prohibited donor; for a record about a gift—how the value of the gift is worked out under section 108 of the Act ; for a record about a gift that is refunded or returned in full or in part— the day the refund was given or the return was made; and the 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 108 of the Act . (sec.12-ssec.3) If the record is about a gift that is electoral expenditure gifted to the relevant entity, the following information must also be included in the record— details about how the electoral expenditure benefits the entity; details of the circumstances mentioned in section 109C (1) (b) (i) or (ii) of the Act that apply; details of the consideration, if any, the entity provided for the electoral expenditure; a copy of an invoice, if any, issued to the entity for the electoral expenditure; for electoral expenditure incurred under an arrangement between the entity and 1 or more other relevant entities in the election—details of the arrangement. (sec.12-ssec.4) In this section— prohibited donor see section 113 (1) of the Act .