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Companies Act 2006

Section 364: Meaning of “political donation”

616.This section defines a "political donation" for the purposes of this Part by reference to sections 50 to 52 of the Political Parties, Elections and Referendums Act 2000. For this purpose, amendments made to the 2000 Act by the Electoral Administration Act 2006 (which remove from the definition of “donation” loans made otherwise than on commercial terms) are disregarded. This section reproduces the effect of section 347A(4) of the 1985 Act, except that it includes donations to independent election candidates.

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