# Political Parties, Elections and Referendums Act 2000, Paragraph 7


If an authorised participant purports to transfer his interest in a controlled transaction to a person who is not an authorised participant the purported transfer is of no effect.

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