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Companies Act 2006

Companies Act 2006 s 375

s 375 Subscription for membership of trade association

(1) A subscription paid to a trade association for membership of the association is not a political donation for the purposes of this Part. (2) 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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