Broadcasting Amendment Act 2004

11 Application and payment of allocation

• (1) Section 74B of the principal Act is amended by repealing subsection (2), and substituting the following subsections:

  • “(2) Every political party to which an amount of money is allocated under section 74A must ensure that the Electoral Commission receives, no later than 50 working days after the end of the month in which the election was held,—

    • “(a) all accounts issued to the political party in respect of the expenditure by that political party of its allocation; and

    • “(b) any information in relation to those accounts that the Electoral Commission requires.

  • “(2A) No account that is received by the Electoral Commission from a political party after the end of the period specified in subsection (2) may be paid by the Electoral Commission, either in part or in full, from the amount of money allocated to that party under section 74A.”

  (2) Section 74B of the principal Act is amended by adding the following subsection:

  • “(5) An amount of money that has been allocated to a political party under section 74A on or after the commencement of the Broadcasting Amendment Act 2004 and that is not paid out under subsection (4) must be repaid by the Electoral Commission to the Crown.”