Page 2171 - Week 07 - Thursday, 20 August 2020

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Clause 11

Proposed new section 222EA

Page 9, line 21—

insert

222EA Ban on gifts from property developers etc—less than $250

(1) This section applies if—

(a) a property developer, a close associate of a property developer or a person on behalf of a property developer or close associate, gives a gift to a political entity; and

(b) the gift, together with any other gift made by the person in the financial year, is less than $250; and

(i) at the time a gift is given, the property developer, or a close associate of the property developer, has made 1 or more relevant planning applications that have not been decided; or

(ii) in the 7-year period before a gift is given, the property developer, or a close associate of the property developer, has made 3 or more relevant planning applications.

(2) The giver of the gift must pay to the Territory an amount equal to the amount of the gift.

(3) The amount payable under subsection (2) is a debt payable to the Territory by the giver of the gift and may be recovered by a proceeding in a court of competent jurisdiction.

Clause 11

Proposed new section 222F heading

Page 9, line 22—

omit the heading, substitute

222F Ban on gifts from property developers etc—$250 or more

Clause 11

Proposed new section 222F (1) (aa)

Page 9, line 24—

insert

(aa) the gift, together with any other gift made by the property developer in the financial year, is $250 or more; and

Clause 11

Proposed new section 222F (2) (aa)

Page 10, line 7—

insert

(aa) the gift, together with any other gift made by the close associate in the financial year, is $250 or more; and

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