110
NO. 28 OF 2021
- (c) during the reporting period to which the donation report relates—
- (i) no other reportable political donations have been accepted by the politically significant person;
- (ii) no anonymous political donation in excess of the applicable cap on anonymous political donations has been accepted by the politically significant person; and
- (iii) no political donation from a prohibited donor in relation to the politically significant person has been so accepted by the politically significant person.
Separate accounts for political donations (political donations fund)
66.—(1) Subject to this Act, a politically significant person who is—
- (a) a political party;
- (b) a candidate;
- (c) an election agent of a candidate;
- (d) a political office holder;
- (e) a Member of Parliament (whether or not a political office holder);
- (f) a senior political party official of a political party; or
- (g) a Part 4 politically significant person given a political donations fund directive,
must each establish and maintain, with an authorised deposit-taking institution in an account denominated in Singapore dollars, and in accordance with the Regulations, a political donations fund, until any terminal event mentioned in subsection (4) first happens.
(2) If a politically significant person mentioned in subsection (1) holds more than one capacity at the same time, a separate political donations fund need not be established and maintained for each capacity.
