xmlns:atom="http://www.w3.org/2005/Atom"

SCHEDULEAmendments to the Political Parties, Elections and Referendums Act 2000

32.  In section 162 (interpretation: exempt trust donations)—

(a)in subsection (1)—

(i)after “Act” insert “(a)”; and

(ii)at the end insert—

(b)“exempt Gibraltar trust donation” means a donation to which subsection (3A) applies, other than one falling within subsection (5).;

(b)after subsection (3) insert—

(3A) This subsection applies to any donation received from a trustee of any property in accordance with the terms of a trust—

(a)which was created by—

(i)a person falling within section 54(2A)(a) to (g) at the time when the trust was created, or

(ii)the will of a person falling within section 54(3A), and

(b)to which no property has been transferred other than—

(i)by a person falling within section 54(2A)(a) to (g) at the time of the transfer, or

(ii)under the will of a person falling within section 54(3A),

provided that, at or before the time of the receipt of the donation, the trustee gives the recipient of the donation the relevant information.;

(c)in subsection (4) for “subsection (3)” substitute “subsections (3) and (3A)”; and

(d)in subsection (6)(a) after “exempt trust donation” insert “or exempt Gibraltar trust donation”.