375Subscription for membership of trade associationU.K.
(1)A subscription paid to a trade association for membership of the association is not a political donation for the purposes of this Part.
(2)For this purpose—
“trade association” means an organisation formed for the purpose of furthering the trade interests of its members, or of persons represented by its members, and
“subscription” does not include a payment to the association to the extent that it is made for the purpose of financing any particular activity of the association.
Modifications etc. (not altering text)
C1Ss. 362-379 applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 9 (with transitional provisions and savings in regs. 7, 9, Sch. 2)
Commencement Information
I1S. 375 wholly in force at 1.11.2007; s. 375 not in force at Royal Assent see s. 1300; s. 375 in force at 1.10.2007 (E.W.S.) and s. 375 in force at 1.11.2007 (N.I.) by S.I. 2007/2194, arts. 2(2), 3(1), (with saving in art. 12 and with transitional provisions and savings in Sch. 3)