United Kingdom - 2009 Party Finance Law
Part | SCHEDULE 7A Control of loans etc to individuals and members associations |
Title | Schedule 7A, Paragraph 7 |
Section | Transfer to unauthorised participant invalid |
Article |
Sch. 7A.7 If an authorised participant purports to transfer his interest in a controlled transaction to a person who is not an authorised participant the purported transfer is of no effect. |
Categories |
- External oversight (Sanctions) - Party finance (Private funding) |
Source | http://www.legislation.gov.uk/ukpga/2000/41 |