§ PPERA 2000 s. 71O(untitled)

1 This section applies in relation to the first report prepared under section 71M(1) by the treasurer of a party which, at the date on which that section comes into force, is a registered party. 2 Sections 71M and 71N have effect, in the case of a person (whether or not an authorised participant) who is a party to an existing transaction, as if— a that transaction had been entered into in the reporting period to which the report relates; b any change (as mentioned in section 71N(1) or (3)) to the transaction had occurred during that period; c references in section 71M to a relevant benefit did not include references to a relevant donation. 3 An existing transaction is a regulated transaction which, at the date on which section 71M comes into force, has not come to an end for the purposes of section 71N(1)(c). 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .