Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, with reference to the new profit test for political donations, whether there will be bespoke provisions for not-for-profit registered companies which do not make a profit as part of their articles of association or structure.
We acknowledge that there are many legitimate non-profit organisations that are established as companies. These companies may still be eligible to make donations, provided they can provide evidence of income equivalent to profit, in accordance with Generally Accepted Accounting Principles.
Non-profit community interest companies will also need to demonstrate that they meet all other permissibility criteria; they must be headquartered and incorporated in the UK, carrying out business in the UK, and where there are Persons of Significant Control, they must be UK electors or British citizens.