Page:Foreign Interference (Countermeasures) Act 2021.pdf/113

Rh Division 5—Donor obligations Major political donor reporting

70.—(1) Subject to this Act, a person (not being a politically significant person) who in any single year makes one or more political donations—
 * (a) all of which are accepted by or on behalf of any one of the following:
 * (i) a political party;
 * (ii) a Part 4 politically significant person given a prohibited donor directive; and
 * (b) the total value of which is not less than the threshold reporting value,

must disclose the donations to a competent authority in accordance with this section.

(2) Disclosure to a competent authority of political donations made in a single year and accepted by or on behalf of a politically significant person mentioned in subsection (1) must be in a major political donor’s donation report relating to the year that—
 * (a) is in the form required by the competent authority;
 * (b) is given to the competent authority—
 * (i) no later than 31 January of the year following that in which the donations were made; and
 * (ii) in the manner prescribed in Regulations or, subject to those Regulations, as approved by the competent authority;
 * (c) contains the following particulars:
 * (i) the total value of the political donations, the year in which and date when they were made;
 * (ii) the name of the politically significant person to which they were made;
 * (iii) the full name and address of the donor and such other details in respect of the donor as are required by the