F1Part 4ARegulation of loans and related transactions
F2CHAPTER 1
71HX1Authorised participants
(1)
A registered party must not—
(a)
be a party to a regulated transaction to which any of the other parties is not an authorised participant;
(b)
derive a benefit in consequence of a connected transaction if any of the parties to that transaction is not an authorised participant.
(2)
This section does not apply to a regulated transaction if it was entered into before the commencement of section 61 of the Electoral Administration Act 2006.
(3)
In this Part, an authorised participant is a person who is a permissible donor within the meaning of section 54(2).
F3(3A)
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F3(3B)
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(4)
The Secretary of State may, by order, specify circumstances or any description of circumstances in which a person who is not a permissible donor is to be treated as an authorised participant.