# Political Parties, Elections and Referendums Act 2000, Section 71O: Existing transactions

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

(1) This section applies in relation to the first report prepared under section 71M(1) by the treasurer of a party which, at the date on which that section comes into force, is a registered party.
(2) Sections 71M and 71N have effect, in the case of a person (whether or not an authorised participant) who is a party to an existing transaction, as if—
(a) that transaction had been entered into in the reporting period to which the report relates;
(b) any change (as mentioned in section 71N(1) or (3)) to the transaction had occurred during that period;
(c) references in section 71M to a relevant benefit did not include references to a relevant donation.
(3) An existing transaction is a regulated transaction which, at the date on which section 71M comes into force, has not come to an end for the purposes of section 71N(1)(c).
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

---
Source: https://www.legislation.gov.uk/ukpga/2000/41/section/71O (the official version)
Page: https://openlegislation.uk/political-parties-elections-and-referendums-act-2000/section-71O
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.