Return of candidate loans

1 A candidate must, at the same time as filing a return of election expenses (under section 205K ) and a return of donations (under section 209 ), file with the Electoral Commission a return setting out the details specified in subsection (2) in respect of every loan entered into. 2 The details referred to in subsection (1) are— a the name of the lender; and b the address of the lender; and c the loan amount; and d the date on which the loan was entered into; and e the repayment date for the loan, or a statement that there is no repayment date; and f the interest rate or rates; and g the unpaid balance of the loan amount, if any; and h the name and address of any guarantor of the loan; and i the details of any security given for the loan; and j whether there is any term of the loan agreement or arrangement that enables the lender to reduce or extinguish the loan amount or interest, or both, or grant any concession in respect of repayment of that amount or interest, or both. 3 A return must be in the form required by the Electoral Commission. Section 214GA : inserted , on 1 January 2023 , by section 18 of the Electoral Amendment Act 2022 (2022 No 80).