Page 2480 - Week 06 - Thursday, 10 May 2012

Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . . PDF . . . . Video

---

7

Clause 19

Proposed new section 205G (4) (b)

Page 17, line 22—

omit

identified or

8

Clause 19

Proposed new section 205G (4A) and (4B)

Page 17, line 24—

insert

(4A) If a receiver contravenes subsection (2B), the receiver is liable to pay a penalty to the Territory equal to twice the amount of the gift.

(4B) However—

(a) if the receiver pays the amount of the gift into the federal election account within 30 days after the gift is received—no amount is payable to the Territory; or

(b) if the receiver returns the amount of the gift within 30 days after the gift is received—no amount is payable to the Territory; or

(c) if the receiver takes all reasonable steps to return the amount of the gift but is unable to return the amount because the donor cannot be found—an amount equal to the amount of the gift is payable to the Territory.

9

Clause 19

Proposed new section 205G (5)

Page 17, line 26—

omit

or subsection (4) (b)

substitute

, subsection (4) (b) or subsection (4B) (b)

10

Clause 19

Proposed new section 205I (3)

Page 19, line 7—

omit proposed new section 205I (3), substitute

(3) A party must not accept 1 or more payments from 1 or more related political parties in a financial year that total more than $10 000 unless the payments, or the amount of the payments that exceeds $10 000, are paid into a separate account (the federal election account) that is used only for a federal election campaign.

(3A) If a party contravenes subsection (2) or subsection (3), the party is liable to pay a penalty to the Territory equal to twice the amount by which the payment or payments exceed $10 000.

---

Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . . PDF . . . . Video