Third-party Campaigner Accounts

General requirements

A third-party campaigner is required to keep a Campaign Account for an election period to make payments for electoral communication expenditure.

The Campaign Account is to be a separate account with a bank, building society or credit union. The official agent is to be authorised by the financial institution to operate the account. There are no requirements as to the name of the account.

An official agent may appoint a person in writing to operate the Campaign Account. A person who has been convicted of an offence that would disqualify the person from being appointed as an official agent cannot be appointed by an official agent to operate a Campaign Account.

How the account must be used

The Campaign Account must be used by the official agent:

  • to make payments for electoral communication expenditure; and
  • to deposit political donations used for the purpose of making payments for electoral communication expenditure.

Any amount of a political donation made to the third-party campaigner that is in excess of the applicable cap on donations must not be paid into the Campaign Account.

When the account is no longer required the account may be closed. Bank statements of the account must be kept for the purpose of the NSWEC's compliance audits and for the purpose of a registered company auditor undertaking a review of the campaign account.