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Political Parties, Elections and Referendums Act 2000

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Changes over time for: Paragraph 11

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Version Superseded: 28/03/2018

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Status:

Point in time view as at 01/10/2007.

Changes to legislation:

Political Parties, Elections and Referendums Act 2000, Paragraph 11 is up to date with all changes known to be in force on or before 05 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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[F111(1)A regulated participant must—U.K.

(a)prepare a report under this paragraph in respect of each change to a recorded transaction; and

(b)deliver the report to the Commission within the period of 30 days beginning with the date on which the change takes effect.

(2)A recorded transaction is a transaction recorded in a report under paragraph 9.

(3)There is a change to a recorded transaction if—

(a)another authorised participant becomes party to the transaction (whether in place of or in addition to any existing participant),

(b)there is any change in the details given in relation to the transaction in pursuance of paragraph 9(9), or

(c)the transaction comes to an end.

(4)For the purposes of sub-paragraph (3)(c), a loan comes to an end if—

(a)the whole debt (or all the remaining debt) is repaid;

(b)the creditor releases the whole debt (or all the remaining debt).

(5)There is also a change to a recorded transaction if a person who is not an authorised participant becomes party to the transaction (whether in place of or in addition to any existing participant).

(6)Each report prepared in accordance with sub-paragraph (1) must—

(a)give the name and address of the regulated participant; and

(b)if he is the holder of a relevant elective office, specify the office in question.

(7)Each such report must also give—

(a)details of the change;

(b)the date on which the change takes effect;

(c)in the case of a change falling within sub-paragraph (5), the date when and the manner in which the transaction was dealt with in accordance with paragraph 5 or 6;

(d)such other information as is required by regulations made by the Commission.]

Textual Amendments

F1Sch. 7A inserted (11.9.2006 for E.W.S. for specified purposes except for the insertion of Sch. 7A para. 16, 1.7.2008 for N.I. for specified purposes, 1.7.2009 for the insertion of Sch. 7A para. 16 for specified purposes, 4.5.2016 for the insertion of Sch. 7A para. 16 for specified purposes) by Electoral Administration Act 2006 (c. 22), ss. 61(7), 77(2), Sch. 1 para 99; S.I. 2006/1972, art. 3, Sch. 1 paras. 20(a), 25(m)(i) (subject to art. 4, Sch. 2) (as amended by S.I. 2006/2268, art. 4); S.I. 2008/1656, arts. 2 (subject to art. 3, Sch. 1); S.I. 2009/1509, art. 2(b) (with art. 3); S.I. 2016/551, art. 2(b) (with art. 3)

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