Tasmanian Numbered Acts

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ELECTORAL DISCLOSURE AND FUNDING ACT 2023 (NO. 37 OF 2023) - SECT 28

Certain loans not to be accepted unless details recorded
(1)  In this section –
reportable loan means a loan that is a reportable political donation.
(2)  It is unlawful for a person to receive a reportable loan unless the person makes a record of the following:
(a) the terms and conditions of the loan;
(b) the name and address of the person making the loan.
(3)  For the purposes of this section –
(a) separate loans made by one person to the same registered party, Member, 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.



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