Section 14 Assets and liabilities of political fund.
United Kingdom
At any time when there is a reolution in force with respect to a trade union, no property shall be added to the union’s political fund other than—
sums representing contributions made to the fund by members of the union or by any person other than the union itself;
property which accrues to the fund in the course of administering the assets of the fund.
At any time when there is no resolution in force with respect to a trade union which has a political fund—
subject to section 15(5) of this Act, no property shall be added to the fund other than that which accrues to the fund in the course of administering the assets of the fund;
no rule of the union shall be taken to require any member of the union to contribute to the fund;
the union may, notwithstanding any of its rules or any trusts on which the political fund is held, transfer the whole or any part of the fund to such other fund of the union as it thinks fit.
No liability of a political fund shall be discharged out of any other fund of the trade union (whether or not any asset of that other fund has been charged in connection with that liability).
Subsection (3) above shall have effect notwithstanding any term or condition on which any liability was incurred, but shall not have effect in relation to any liability incurred before the passing of this Act.
In section 6 of the 1913 Act, the words from “and in that case”, where they first occur, to “that fund” (which are superseded by subsection (1) above) are hereby repealed.
Notes on the whole Act
Textual amendments
- F1
Act repealed (16.10.1992) by Trade Union and Labour Relations (Consolidation) Act 1992 (c. 52), ss. 300(1), 302, Sch. 1