{
  "url": "https://openlegislation.uk/companies-act-2006/section-365",
  "json_url": "https://openlegislation.uk/companies-act-2006/section-365.json",
  "legislation": "ukpga/2006/46",
  "legislation_title": "Companies Act 2006",
  "legislation_url": "https://openlegislation.uk/companies-act-2006",
  "path": "section/365",
  "kind": "section",
  "number": "365",
  "heading": "Meaning of “political expenditure”",
  "text": "(1) In this Part “political expenditure”, in relation to a company, means expenditure incurred by the company on—\n(a) the preparation, publication or dissemination of advertising or other promotional or publicity material—\n(i) of whatever nature, and\n(ii) however published or otherwise disseminated,\nthat, at the time of publication or dissemination, is capable of being reasonably regarded as intended to affect public support for a political party or other political organisation, or an independent election candidate, or\n(b) activities on the part of the company that are capable of being reasonably regarded as intended—\n(i) to affect public support for a political party or other political organisation, or an independent election candidate, or\n(ii) to influence voters in relation to any national or regional referendum held under the law of the United Kingdom.\n(2) For the purposes of this Part a political donation does not count as political expenditure.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 365(1)(b)(ii) substituted (31.12.2020) by The Companies, Limited Liability Partnerships and Partnerships (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/348), reg. 2, Sch. 1 para. 8; 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "Ss. 362-379 applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 9 (with transitional provisions and savings in regs. 7, 9, Sch. 2)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "S. 365 wholly in force at 1.10.2008; s. 365 not in force at Royal Assent see s. 1300; s. 365 in force for certain purposes at 1.10.2007 (E.W.S.) and 1.11.2007 (N.I.) and in force otherwise at. 1.10.2008 by S.I. 2007/2194, arts. 2(2), 3(1), 5(1)(f) (with saving in art. 12 and with transitional provisions and savings in Sch. 3)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2006/46/section/365",
    "retrieved_at": "2026-10-29T09:13:40.060156+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}