Page 668 - Week 02 - Thursday, 19 February 2015
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Division 14.2C Limit on spending—payments from related party
2
Clause 22
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22 Section 205K
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205K Limit on spending—payments from related party
(1) This section applies to a payment or payments received by a party from a related political party (other than a payment or payments made to the party under this Act, or a corresponding Act of the Commonwealth, a State or another Territory).
(2) The party must not, in a financial year, spend more than $10 000 of the payment or payments on electoral expenditure in relation to an election.
Note Election—see the dictionary.
(3) If the party contravenes subsection (2), an amount equal to twice the amount by which the spending exceeds $10 000 is payable to the Territory.
(4) However, if the party returns the amount by which the spending exceeds $10 000 within 30 days after the amount is spent, no amount is payable to the Territory.
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