Northern Territory Consolidated Acts

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ELECTORAL ACT 2004 - SECT 208

Annual returns by associated entities

    (1)     If an entity is an associated entity at any time during a financial year, the entity's financial controller must, within 60 days after the end of the year, give the Commission a return in the approved form.

    (2)     The return must state:

        (a)     the amount received by or on behalf of the entity during the financial year together with the particulars required by section 210(1); and

        (b)     the amount paid by or on behalf of the entity during the financial year; and

        (c)     if the entity is an associated entity at the end of the financial year – the outstanding amount, at the end of the year, of debts incurred by or on behalf of the entity together with the particulars required by section 211(2).

    (3)     An amount received when the entity was not an associated entity must not be counted for subsection (2)(a) or (b).

    (4)     Subsection (5) applies if an amount required to be stated under subsection (2)(b) was:

        (a)     paid to or for the benefit of one or more registered parties; and

        (b)     paid out of funds generated from the entity's capital.

    (5)     The return must state the following details of each person who contributed to the entity's capital:

        (a)     the person's name and address;

        (b)     the total of the person's contributions to the capital up to the end of the financial year.

    (6)     Subsection (5) does not apply to contributions included in a previous return under this section.



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