(1) The reporting agent of an associated entity, within 30 days after the end of each financial year, must give the Commission a return in the approved form.
(2) The return must state the following:
(a) the total amount of all gifts received by the entity during the financial year;
(b) the number of persons who made gifts to the entity;
(c) the total amount of gifts received from each person;
(d) the defined particulars for those gifts.
(3) However, the reporting agent is not required to state in the return the information mentioned in subsection (2)(c) or (d) for a gift by a person if the amount of the gift and sum of all other gifts made to the associated entity by the person is less than $1 500.
(4) Despite subsection (2)(a), if an associated entity was not required to submit a return for the previous financial year, the period covered by the return is taken to begin 31 days after the previous general election.