Page:Foreign Interference (Countermeasures) Act 2021.pdf/114

114 :: Regulations to be given in respect of a major political donor;
 * (d) is signed by the donor; and
 * (e) is accompanied by a declaration in subsection (3).

(3) Subject to this Act, every major political donor’s donation report required by subsection (1) must be accompanied by a declaration—
 * (a) made by the major political donor concerned or, in the case of a major political donor that is not an individual, on behalf of the major political donor by—
 * (i) the individuals for the time being holding the offices of chairperson, managing director and company secretary, respectively, of the body corporate, or any positions analogous to those offices; or
 * (ii) the individuals for the time being holding the offices of president, secretary and treasurer, respectively, of the committee of an unincorporated association, or any positions analogous to those offices; and
 * (b) containing a statement that, to the best of the knowledge and belief of the major political donor or every person in paragraph (a)(i) or (ii) (as the case may be)—
 * (i) political donations whose total value was that specified in the report were made by the major political donor to the specified politically significant person during the specified year; and
 * (ii) no other political donations were made by the major political donor to that politically significant person during that same year.

(4) The threshold reporting value for the purposes of subsection (1)(b) is $10,000, or a higher amount prescribed by Regulations in substitution.