Political Parties and Elections Bill — Report (2nd Day) — 17 Jun 2009 at 17:15

Amendment 39 not moved.

Schedule 4 : Reports of gifts received by unincorporated associations making donations: Schedule to be inserted into the 2000 Act

Amendments 40 to 63

Moved by Lord Tunnicliffe

40: Schedule 4, page 66, line 20, leave out "donations" and insert "contributions"

41: Schedule 4, page 66, line 21, leave out "donations" and insert "political contributions"

42: Schedule 4, page 66, line 24, leave out "donation" and insert "contribution"

43: Schedule 4, page 66, line 25, leave out "donations" and insert "contributions"

44: Schedule 4, page 66, line 27, leave out "donation" and insert "contribution"

45: Schedule 4, page 66, line 28, leave out "donations" and insert "contributions"

46: Schedule 4, page 66, line 31, leave out "donation" and insert "contribution"

47: Schedule 4, page 66, leave out lines 32 to 36 and insert-

"(2) An unincorporated association makes a "political contribution" in any of the following cases-

(a) it makes a donation (within the meaning of Part 4) to a registered party;

(b) it makes a loan of money to a registered party, or discharges (to any extent) a liability of a registered party, in pursuance of a regulated transaction (within the meaning of Part 4A);

(c) it makes a donation (within the meaning of Schedule 7) to a regulated donee;

(d) it makes a loan of money to a regulated donee, or discharges (to any extent) a liability of a regulated donee, in pursuance of a controlled transaction (within the meaning of Schedule 7A);

(e) it makes a donation (within the meaning of Schedule 11) to a recognised third party;

(f) it makes a donation (within the meaning of Schedule 15) to a permitted participant."

48: Schedule 4, page 67, line 1, leave out "donation" and insert "contribution"

49: Schedule 4, page 67, line 2, leave out "donation" and insert "contribution"

50: Schedule 4, page 67, leave out lines 4 to 12

51: Schedule 4, page 67, line 29, at end insert-

"(e) the value of a contribution within sub-paragraph (2)(b) or (d) is the amount of money lent or liability discharged."

52: Schedule 4, page 67, line 30, after "donation" insert ", or a sum of money lent,"

53: Schedule 4, page 67, line 30, leave out "it" and insert "the donation or loan"

54: Schedule 4, page 67, line 34, leave out "donation" and insert "political contribution"

55: Schedule 4, page 67, line 38, leave out first "donation" and insert "contribution"

56: Schedule 4, page 67, line 38, leave out second "donation" and insert "contribution"

57: Schedule 4, page 67, line 42, leave out "donation" and insert "contribution"

58: Schedule 4, page 68, line 2, leave out "donation" and insert "contribution"

59: Schedule 4, page 68, line 4, leave out "donation" and insert "contribution"

60: Schedule 4, page 68, line 9, leave out "donation" and insert "contribution"

61: Schedule 4, page 68, line 13, leave out "donation" and insert "contribution"

62: Schedule 4, page 68, line 19, leave out "donation" and insert "contribution"

63: Schedule 4, page 72, line 10, at end insert-

"( ) lends money to another otherwise than on commercial terms;"

Amendments 40 to 63 agreed.

Amendment 64

Moved by Lord Goodhart

64: After Schedule 4, insert the following new Schedule-

"SCHEDULETax relief on donations

1 To obtain tax relief under section (Tax relief on donations), the conditions set out in paragraph 2 must be satisfied.

2 (1) The individual who made the donation is a permissible donor.

(2) The registered political party to which the donation is made is a party which, at the last general election preceding the donation, had at least two members elected to the House of Commons.

(3) Conditions A to F in section 416 of the Income Tax Act 2007 (c. 3) (meaning of "qualifying donation") would have been met if the donations had been made to a charity.

(4) The donor has given a declaration in the manner specified by regulations made by the Commissioners for Her Majesty's Revenue and Customs and containing any information and any statements required by regulations.

3 Regulations made under paragraph 2(4) may provide for declarations-

(a) to have effect;

(b) to cease to have effect;

(c) to be treated as never having had effect,

in any circumstances and for any purposes specified by the regulations.

4 Regulations made under paragraph 2(4) are subject to annulment pursuant to a resolution of the House of Commons.

5 Tax relief in relation to donations given by an individual in any fiscal year may be given only on whichever is the lesser of-

(a) the amount of donations given by the individual in that year to which section (Tax relief on donations) applies;

(b) £500.

6 Tax relief shall not be given on higher rate income tax.

7 The amount of tax relief (subject to paragraphs 5 and 6) shall be computed and allocated to the political party to which the donation was given as if that party was a charity to which Chapter 2 of Part 8 of the Income Tax Act 2007 applies."

Debate in Parliament | Source |