As of 4 March 2016, the Act requires relevant persons who accept a gift worth more than $200 to disclose this gift, in writing, to the chief executive officer (CEO) within 10 days of receipt. This replaces the previous process of disclosing these in the annual return.
All contributions to travel over $200 must also be disclosed as do multiple gifts or contributions from the same donor where the total value is over $200. The threshold for disclosures remains the same as do the other disclosures required under the Act for the annual return.
Details of the major amendments can be found on the Department of Local Government and Communities website here.