Singapore legislation
Section 12
Section 12
Annual donation report
(1)
Subject to the provisions of this Act, the responsible officers of every political association must, within 31 days after the close of each financial year of the association, prepare and send to the Registrar a donation report under this section in respect of every recordable donation mentioned in subsections (2) and (3), giving all the details in respect of each donor thereof that are required by the Schedule to be given in respect of a donor of a recordable donation.
(2)
Every donation from a permissible donor to a political association that is received by the political association during its financial year and accepted by the political association must be recorded in a donation report under this section for that financial year —
if it is a single donation of not less than $10,000, or any other prescribed sum; or
if, when it is added to any other donation from the same permissible donor, the aggregate amount of the donations is not less than $10,000, or any other prescribed sum.
(3)
If during any financial year, no donations have been received by the political association that, by virtue of the provisions of this section, are required to be recorded in a donation report for that financial year, the donation report must contain a statement to that effect.
(4)
Every donation report of a political association under this section must be in the prescribed form and signed by all the responsible officers of the political association.