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Legislative Assembly for the ACT: 2001 Week 6 Hansard (15 June) . . Page.. 1984 ..

231B Annual returns by associated entities

(1) If an entity is an associated entity at any time during a financial year, the entity's financial controller must give the commissioner a return in the approved form within 16 weeks after the end of the financial year.

(2) The return must state-

(a) the amount received by, or on behalf of, the entity during the financial year, together with the particulars required by subsection 232 (1) (Amounts received); and

(b) the amount paid by, or on behalf of, the entity during the financial year; and

(c) if the entity is an associated entity at the end of the financial year-the outstanding amount, at the end of the year, of debts incurred by, or on behalf of, the entity, together with the particulars required by subsection 234 (2) (Outstanding amounts).

(3) An amount received when the entity was not an associated entity is not to be counted for subsection (2) (a) and (b).

(4) If an amount required to be stated under subsection (2) (b) was-

(a) paid to or for the benefit of 1 or more parties, ballot groups or MLAs; and

(b) paid out of funds generated from capital of the entity;

the return must set out the required details of each person who contributed to that capital on or after 29 November 1996.

(5) For subsection (4), the required details of a person are-

(a) the person's name and address; and

(b) the total of the person's contributions to the capital of the associated entity mentioned in that subsection up to the end of the financial year.

(6) Subsection (5) does not apply to contributions that have been included in a previous return under this section.

29B Sections 232 and 233

substitute

232 Amounts received

(1) If the sum of all amounts received by, or on behalf of, a party, ballot group, MLA or associated entity (the receiver) from a person or organisation during a financial year is $1 500 or more, the return by the receiver under section 230 (Annual returns by parties, ballot groups and MLAs) or section 231B (Annual returns by associated

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