BILL NO. 7

14 On or before the thirty-first day of March in each year, every official agent of a candidate, electoral district association and recognized party shall file with a designated person a disclosure statement showing

(a) the full name and residential or business address, other than a post office box unless that is the only address available, of each contributor whose contributions received by that official agent during the previous calendar year exceed fifty dollars in total and the amount of the total contributions by that contributor;

(b) the financial institutions and the account numbers used for contributions in money received in the previous calendar year and the financial institutions and the account numbers used for all money from any source held on December 31, 2002, and each subsequent thirty-first day of December; and

(c) the financial statements prepared in accordance with generally accepted accounting principles including, but not restricted to, income and expenses, transfers, assets and liabilities for the previous calendar year.

18A (1) Any anonymous contribution of more than ten dollars received at a meeting or otherwise by a recognized party, electoral district association or candidate shall not be used or expended, but shall, within thirty days of its receipt, be returned to the contributor if the contributor's identity can be established or, if the contributor's identity cannot be established, be turned over to the designated person to be paid into the Consolidated Fund of the Province.

(2) Any funds, whether or not they were received before the day that this Section came into effect, held by a recognized party or electoral district association that were obtained in an illegal manner or for which there is no record of the contributors or contributions shall

(a) where the funds were received before this Section came into force, within thirty days of this Section coming into force; or

(b) where the funds were received after this Section came into force, within thirty days of the funds being received,

be turned over to the designated person, together with any interest earned upon those funds, to be paid into the Consolidated Fund of the Province.

18B (1) Where the trustee of a trust fund or the senior officer of a fund to which this Act applies makes a contribution to a recognized party, electoral district association or candidate, the trustee, senior officer or organization shall provide to the recognized party, electoral district association or candidate a statement indicating the individual sources and amounts making up the contribution or the trust fund or other funds from which the contribution is made, and that statement shall be appended to the statement next made by the recognized party, electoral district association or candidate in accordance with Section 14.

(2) Where the trustee, senior officer or organization fails to provide a statement in accordance with subsection (1), the official agent of the recognized party, electoral district association or candidate shall not accept the contribution or shall forthwith return to the contributor an amount of money equal to the value of the contribution.

(3) Where money, goods or services are transferred within a recognized party or between a recognized party and an electoral district association, the official agent of the recognized party or electoral district association that is receiving the transfer shall record the transfer and ensure that, in accordance with this Act, there is a current record of contributions to the recognized party, electoral district association or candidate that sent the transfer.