365 Meaning of “political expenditure”
365 Meaning of “political expenditure”
Companies Act 2006 | Legislation

(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