10.—(1) A person shall not be validly nominated unless the sum of £5000 is deposited by that person or on that person’s behalf, with the combined authority returning officer at the place and within the time for delivery of nomination papers.
(2) The deposit may be made either—
(a)by the deposit of any legal tender, or
(b)by means of a banker’s draft, or
(c)with the returning officer’s consent, in any other manner (including by means of a debit or credit card or the electronic transfer of funds),
but the combined authority returning officer may refuse to accept a deposit sought to be made by means of a banker’s draft if the combined authority returning officer does not know that the drawer carries on business as a banker in the United Kingdom.
(3) Where the deposit is made on behalf of the candidate, the person making the deposit must at the time it is made give his or her name and address to the combined authority returning officer (unless they have previously been given to the combined authority returning officer under section 67 (appointment of election agent) of the 1983 Act).