62 Regulation of loans: power to make provision for candidates, third parties[, referendums and recall petitions]

Section 62 Regulation of loans: power to make provision for candidates, third parties[, referendums and recall petitions]

Electoral Administration Act 2006 (2006 c 22) | Legislation
Electoral Administration Act 2006 (2006 c 22) | Legislation

62  Regulation of loans: power to make provision for candidates, third parties[, referendums and recall petitions]

(1)     The Secretary of State may by order make in relation to a relevant matter such provision as he thinks appropriate which corresponds to or is similar to any provision of Part 4A of or Schedule 7A to the 2000 Act (the relevant transaction provisions).

(2)     A relevant matter is a loan, credit facility or any form of security (whether real or personal) which benefits—

(a)     a candidate at [a relevant election];

(b)     a recognised third party;

(c)     a permitted participant in a referendum;

[(d)     an accredited campaigner in relation to a recall petition].

(3)     An order under this section may—

(a)     amend or repeal any enactment (whenever passed);

(b)     create an offence corresponding or similar to any offence created by the relevant transaction provisions;

(c)     confer power on the Secretary of State to make provision by order corresponding to any such power

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