New Zealand Legislation: Acts

54 Return of party donation received from same donor exceeding $20,000

• (1) Every financial agent must file with the Electoral Commission a return in respect of every party donation that exceeds $20,000.

  (2) Every financial agent must file with the Electoral Commission a return in respect of every party donation that—

  • (a) the financial agent knows is from a donor who in the 12 months immediately preceding the date of receipt of the donation (the last 12 months) has made 1 or more previous donations; and

  • (b) when aggregated with all previous donations received from the donor in the last 12 months exceeds $20,000.

  (3) If a return is made under subsection (2), the donations disclosed in that return must be disregarded when applying this section in relation to a party donation that is made after that return is filed.

  (4) A return filed under subsection (1) must be in the form required by the Electoral Commission and set out—

  • (a) the name of the donor (if known); and

  • (b) the address of the donor (if known); and

  • (c) the amount of the donation; and

  • (d) the date the donation was received.

  (5) A return filed under subsection (2) must be in the form required by the Electoral Commission and set out—

  • (a) the name of the donor; and

  • (b) the address of the donor; and

  • (c) the amount of the donation; and

  • (d) the amounts of all previous donations; and

  • (e) the date the donation was received; and

  • (f) the dates all previous donations were received.

  (6) A return must be filed under subsection (1) or (2) within 10 working days of the donation being received by the financial agent.