Financial controls

17Loans

1

Section 62 of the Electoral Administration Act 2006 (regulation of loans: power to make provision) is amended as follows.

2

In the heading, for “and referendums” substitute , referendums and recall petitions.

3

In subsection (2), after paragraph (c) insert—

d

an accredited campaigner in relation to a recall petition.

4

In subsection (3A), for “recognised third party or a permitted participant in a referendum” substitute “ relevant person ”.

5

After that subsection insert—

3B

In subsection (3A) “a relevant person” means—

a

a recognised third party,

b

a permitted participant in a referendum, or

c

an accredited campaigner in relation to a recall petition.

6

In subsection (8), at the appropriate places insert—

accredited campaigner” has the same meaning as in Schedule 3 to the Recall of MPs Act 2015 (see Part 5 of that Schedule);

recall petition” has the same meaning as in the Recall of MPs Act 2015 (see section 1(2) of that Act);