28 Recognised third parties: changes to existing limits etc

28  Recognised third parties: changes to existing limits etc

(1)     In section 85 of PPERA (controlled expenditure by third parties), before subsection (6) insert—

“(5B)     “The lower-tier expenditure limits”, in relation to controlled expenditure incurred by or on behalf of a recognised third party, means the limits specified in section 94(5) (limits on controlled expenditure incurred in a part of the UK); and a recognised third party is subject to those limits if the notification given by the third party under section 88(1), as it has effect for the time being, contains a statement within section 88(3D).”

(2)     Section 88 of PPERA (third parties recognised for the purposes of Part 6) is amended in accordance with subsections (3) to (6).

(3)     After subsection (3C) insert—

“(3D)     A notification given under subsection (1) by a third party so as to be subject to the lower-tier expenditure limits must contain a statement to that effect.”

(4)     In subsection (6)—

(a)     in paragraph (a), after “statements” insert “within subsection (3)”;

(b)     in paragraph (b)—

(i)     after “any statement” insert “within subsection (3)”;

(ii)     for “subsection (3)” substitute “that subsection”.

(5)

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