Electoral bond exclusion removes application of the contribution restriction to donations made through electoral bonds. The amendment carves out contributions made through electoral bonds from the operation of the contribution restriction in section 29C(1) of the Representation of the People Act, providing that that sub section shall not apply to contributions received by way of electoral bonds and defining electoral bond by reference to the Explanation in the relevant banking statute.
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Electoral bond exclusion removes application of the contribution restriction to donations made through electoral bonds.
The amendment carves out contributions made through electoral bonds from the operation of the contribution restriction in section 29C(1) of the Representation of the People Act, providing that that sub section shall not apply to contributions received by way of electoral bonds and defining electoral bond by reference to the Explanation in the relevant banking statute.
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