(1)  It is unlawful for a third-party campaigner in relation to an Assembly election, the official agent in relation to a third-party campaigner, or any person authorised under section 94 in relation to a third-party campaigner, to make a payment –

(a) for electoral expenditure for the election or re-election, as an Assembly Member, of a Member or candidate; or

(b) to reimburse electoral expenditure incurred by another person for the election or re-election, as an Assembly Member, of a Member or candidate –

unless the relevant requirements are satisfied in relation to the payment.

(2)  For the purposes of subsection (1) , the relevant requirements are satisfied in relation to the payment if –

(a) the payment is made, from the campaign account of the third-party campaigner, by the third-party campaigner, the official agent or the person authorised under section 94 ; and

(b) the third-party campaigner is registered under this Act in the Register of Third-party Campaigners in relation to the election.

(3)  The guidelines may exclude minor payments from the operation of one or more requirements of subsection (2) .