(cf section 96G EFED Act)
(1) It is unlawful for a person to receive a reportable loan (other than a loan from a financial institution), unless the person makes a record of the following--(a) the terms and conditions of the loan,(b) the name and address of the entity or other person making the loan.
(2) For the purposes of this section--(a) separate loans made by one entity or other person to the same party, elected member, group, candidate or person within a relevant disclosure period are to be aggregated and treated as a single loan, and(b) each transaction in which credit is provided by the use of a credit card is taken to be a separate loan.
(3) In this section--
"financial institution" means an entity whose principal business is the provision of financial services or financial products, and includes an authorised deposit-taking institution.
"loan" means an advance of money, the provision of credit or any other transaction that in substance effects a loan of money.
"reportable loan" means a loan that, if it had been a gift, would be a reportable political donation that is required to be disclosed under this Part.