Political Parties, Elections and Referendums Act 2000

Annual audits

4(1)Section 43 shall apply in relation to any accounting unit and its treasurer as it applies in relation to the party and its treasurer.

(2)In its application in relation to the party or (as the case may be) to any accounting unit, section 43(1) or (2) shall be read as if the reference to the gross income or total expenditure of the party were—

(a)to the gross income or total expenditure of the party exclusive of any income or expenditure of any accounting unit, or

(b)to the gross income or total expenditure of the unit,

as the case may be.