214B Records of loans

(1)

A party secretary must keep proper records of all loans entered into on behalf of the party.

(2)

A party secretary who fails, without reasonable excuse, to comply with subsection (1) commits an offence and is liable on conviction to a fine not exceeding $40,000.

Section 214B: inserted, on 25 March 2014, by section 41 of the Electoral Amendment Act 2014 (2014 No 8).