Section 375: Subscription for membership of trade association

Companies Act 2006 · 2006 c. 46View on legislation.gov.uk

Part 14: Control of political donations and expenditure

A subscription paid to a trade association for membership of the association is not a political donation for the purposes of this Part.

For this purpose—

  • "trade association" means an organisation formed for the purpose of furthering the trade interests of its members, or of persons represented by its members, and

  • "subscription" does not include a payment to the association to the extent that it is made for the purpose of financing any particular activity of the association.

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