United Kingdom - 2009 Party Finance Law

Part Part 4: Control of donations to registered parties and their members etc
Title Section 62a: Exemption from requirement to prepare quarterly reports
Chapter Chapter 3: Reporting of donations to registered parties
Section Reports to be made by registered parties
Article

62a

(1)This section applies if each of four consecutive donation reports prepared by the treasurer of a registered party in pursuance of subsection (1) of section 62 contains-
(a)in the case of a party without accounting units, a statement under subsection (10) of that section, or
(b)in the case of a party with accounting units, statements under subsection (10) of that section in relation to the central organisation of the party and each of its accounting units.
(2)The treasurer is not required to prepare any further donation reports in pursuance of subsection (1) of that section until a recordable donation-
(a)is accepted by the registered party, or
(b)is dealt with by the registered party in accordance with section 56(2).
(3)A recordable donation is a donation which is required to be recorded by virtue of any of subsections (4) to (9) of section 62 (including those subsections as applied by subsection (11) of that section).
(4)If a recordable donation is accepted or (as the case may be) dealt with in accordance with section 56(2), nothing in this section affects the operation of section 62 in relation to-
(a)the reporting period in which the recordable donation is so accepted or dealt with, or
(b)any subsequent reporting period which falls before the time (if any) when this section again applies in relation to the party.
(5)In this section, "donation report" and "reporting period" have the same meaning as in section 62.

Categories - Party finance (Private funding)
- Party finance (Report and disclosure)
Source http://www.legislation.gov.uk/ukpga/2000/41