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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—