Electoral Reform Act 2022

184

Amendment of section 22 of Principal Act

184. Section 22 of the Principal Act is amended—

(a) in subsection (1), by the substitution of “a body or association (including a body or association that has an office outside the State), which” for “a body or association, which”,

(b) in paragraph (a) of subsection (2), by the substitution of “given within or outside the State for political purposes by any person (including a subsidiary organisation that has an office outside the State)” for “given for political purposes by any person”,

(c) in paragraph (aa) of subsection (2)—

(i) by the insertion of the following definition:

“ ‘cryptocurrency’ means any form of digital currency that is not regulated, and in relation to which encryption techniques are used to regulate the generation of units of currency and verify the transfer of monies;”,

(ii) by the deletion of paragraph (d) of the definition of “institution”, and

(iii) by the substitution of the following paragraphs for paragraphs (e) and (f) of the definition of “institution”:

“(e) An Post,

(f) a credit institution authorised in accordance with the European Union (Capital Requirements) Regulations 2014 (S.I. No. 158 of 2014) to carry on business in the State, or

(g) a credit union registered as such under the Credit Union Act 1997;”,

(d) in paragraph (b) of subsection (2)—

(i) in clause (I) of subparagraph (iii), by the substitution of “the individual’s profession and provided that the individual is not, directly or indirectly, paid by any other person for that service or to facilitate the provision of the service” for “the individual’s profession”,

(ii) in clause (II) of subparagraph (iii), by the substitution of “political party (other than an individual in the employment of a subsidiary organisation of that party that has an office outside the State)” for “political party”,

(iii) in subparagraph (vi), by the deletion of “candidate authenticated by the political party at a Dáil or European election,”,

(iv) in subparagraph (vii), by the substitution of “or funds provided to such candidate by the political party in relation to those expenses,” for “other than a donation of money;”,

(v) by the insertion of the following subparagraphs after subparagraph (vii):

“(viii) election expenses incurred by a political party on behalf of a candidate authenticated by the political party at a Dáil or European election or funds provided to such candidate by the political party in relation to those expenses, or

(ix) any payment, contribution or supply of goods or services (without payment or other consideration or at less than the commercial price) given outside the State by a person to a political party and accepted by that political party in accordance with the laws of the state in which it is accepted and, where it is a monetary payment or contribution, is kept or retained in a separate designated fund;”.