378 Donations not amounting to more than £5,000 in any twelve month period
378 Donations not amounting to more than £5,000 in any twelve month period
Companies Act 2006 | Legislation

(1)     Authorisation under this Part is not needed for a donation except to the extent that the total amount of—

(a)     that donation, and

(b)     other relevant donations made in the period of 12 months ending with the date on which that donation is made,

exceeds £5,000.

(2)     In this section—

“donation” means a donation to a political party or other political organisation or to an independent election candidate; and

“other relevant donations” means—

(a)     in relation to a donation made by a company that is not a subsidiary, any other donations made by that company or by any of its subsidiaries;