[F1Part 4A U.K.Regulation of loans and related transactions

Textual Amendments

F1Pt. 4A (ss. 71F-71X) inserted (11.9.2006 for E.W.S. for specified purposes, 1.1.2007 for N.I. for specified purposes, 1.7.2008 for N.I. for specified purposes, 15.9.2014 for N.I. in so far as not already in force) by Electoral Administration Act 2006 (c. 22), ss. 61(1), 77(2); S.I. 2006/1972, art. 3, Sch. 1 para. 20(a) (subject to art. 4, Sch. 2) (as substituted by S.I. 2006/2268, art. 3); S.I. 2006/3412, art. 4 (subject to art. 6, Sch. 2); S.I. 2008/1656, art. 2 (subject to art. 3, Sch. 1); S.I. 2014/1809, art. 2

[F2CHAPTER 1U.K.

Textual Amendments

X171XConstruction of Part 4AU.K.

(1)In this Part—

  • authorised participant” must be construed in accordance with section 71H;

  • connected transaction” has the meaning given by section 71F(9);

  • credit facility” has the meaning given by section 71F(11);

  • [F3Gibraltar donation” means a donation —

    (a)

    which is received from a permissible donor falling within subsection (2A) (but not subsection (2)) of section 54; or

    (b)

    which is an exempt Gibraltar trust donation regarded by virtue of section 55(5A) as received from a permissible donor.

  • Gibraltar regulated transaction” means a regulated transaction which is entered into with an authorised participant who, by virtue of section 71H(3A), is listed in section 54(2A) (but not subsection (2));

  • permitted period” means the period of four months ending with the date of the poll for an election to the European Parliament in the combined region.]

  • regulated transaction” must be construed in accordance with section 71F.

(2)For the purposes of any provision relating to the reporting of transactions, anything required to be done by a registered party in consequence of its being a party to a regulated transaction must also be done by it, if it is a party to a transaction of a description mentioned in section 71F(4)(a), as if it were a party to the connected transaction.]]

Editorial Information

X1The insertion of the new heading "Chapter 1" in Pt. 4A on 1.7.2008 gives rise to a change in the structure of this legislation on SLD which breaks the continuity of historical versions of the existing provisions which are now brought under that new heading.

Textual Amendments

F3S. 71X: definitions of "Gibraltar donation", "Gibraltar regulated transaction" and "permitted period" inserted (30.1.2009) by The European Parliamentary Elections (Loans and Related Transactions and Miscellaneous Provisions) (United Kingdom and Gibraltar) Order 2009 (S.I. 2009/185), arts. 1(2), 2(2), Sch. para. 14