# Political Parties, Elections and Referendums Act 2000, Paragraph 4

Extent: E+W+S+N.I.

(1) A regulated participant must not—
(a) be a party to a controlled transaction to which any of the other parties is not an authorised participant;
(b) derive a benefit in consequence of a connected transaction if any of the parties to that transaction is not an authorised participant.
(2) This paragraph does not apply to a controlled transaction if it was entered into before the commencement of section 61 of the Electoral Administration Act 2006.
(3) In this Schedule, an authorised participant is a person who is a permissible donor within the meaning of section 54(2).
(3A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) The Secretary of State may, by order, specify circumstances or any description of circumstances in which a person who is not a permissible donor is to be treated as an authorised participant.

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Source: https://www.legislation.gov.uk/ukpga/2000/41/schedule/7A/paragraph/4 (the official version)
Page: https://openlegislation.uk/political-parties-elections-and-referendums-act-2000/schedule-7A/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.