sec.13Gifts or loans made by particular relevant entities to other relevant entities

sec.13 Gifts or loans made by particular relevant entities to other relevant entities

This section applies for a record about a gift or loan made by a relevant entity for an election, other than a third party for the election, (the first entity ) to another relevant entity for the election (the second entity ). The following information must be included in the record— the relevant details for the gift or loan; 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 second entity, the following information must also be included in the record— details about how the electoral expenditure benefits the second 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 first entity received from the second entity for incurring the electoral expenditure; a copy of an invoice, if any, the first entity issued to the second entity for the electoral expenditure; details of the arrangement under which the electoral expenditure was incurred, if any, between— the first entity and the second entity; or the second entity and 1 or more other relevant entities; or both the first entity and the second entity and 1 or more other relevant entities. (sec.13-ssec.1) This section applies for a record about a gift or loan made by a relevant entity for an election, other than a third party for the election, (the first entity ) to another relevant entity for the election (the second entity ). (sec.13-ssec.2) The following information must be included in the record— the relevant details for the gift or loan; 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.13-ssec.3) If the record is about a gift that is electoral expenditure gifted to the second entity, the following information must also be included in the record— details about how the electoral expenditure benefits the second 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 first entity received from the second entity for incurring the electoral expenditure; a copy of an invoice, if any, the first entity issued to the second entity for the electoral expenditure; details of the arrangement under which the electoral expenditure was incurred, if any, between— the first entity and the second entity; or the second entity and 1 or more other relevant entities; or both the first entity and the second entity and 1 or more other relevant entities.