Electoral Finance Act 2007

  • repealed
42 Timing of payment to political parties and third parties
  • (1) The Electoral Commission must pay all outstanding amounts due to a political party or third party under section 41(1)

    • (a) weekly, during the period between writ day and the return of the writ, at any general election:

    • (b) monthly, at any other time.

    (2) If any interest is earned on a donation received under section 38(2) for a political party or third party, that interest, so far as it can reasonably be calculated, must be added to—

    • (a) any sum paid by the Electoral Commission to the financial agent of that political party or third party; or

    • (b) any sum returned by the Electoral Commission to the donor; or

    • (c) any sum paid by the Electoral Commission into a Crown Bank Account.