Article 4 Description of EU political expenditure

Any EU political expenditure incurred by a company or subsidiary undertaking specified in article 3 in respect of the preparation, publication or dissemination of such material as is specified in article 3(1) where that material contains matter which would render that preparation, publication or dissemination on the part of the company or subsidiary undertaking an activity of that company or subsidiary undertaking within the meaning of section 347A(5)(b) of the Act^f1