C2C3Part 14Control of political donations and expenditure
Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2
Donations and expenditure to which this Part applies
I1C1365Meaning of “political expenditure”
1
In this Part “political expenditure”, in relation to a company, means expenditure incurred by the company on—
a
the preparation, publication or dissemination of advertising or other promotional or publicity material—
i
of whatever nature, and
ii
however published or otherwise disseminated,
that, at the time of publication or dissemination, is capable of being reasonably regarded as intended to affect public support for a political party or other political organisation, or an independent election candidate, or
b
activities on the part of the company that are capable of being reasonably regarded as intended—
i
to affect public support for a political party or other political organisation, or an independent election candidate, or
ii
to influence voters in relation to any national or regional referendum held under the law of a member State.
2
For the purposes of this Part a political donation does not count as political expenditure.
Pt. 14 applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 16 (with transitional provisions and savings in regs. 7, 9, Sch. 2)