Versions of s. 358(2)

However, if the total amount of contributions received, from all sources and for any purpose, by the third party during the previous year is equal to or less than 10% of its revenue for that year, the third party may use its own funds, namely funds that are not contributions made to it, to pay for regulated expenses and may use, as regulated expenses, property or services that it has provided. In that case, the third party shall include a statement, prepared in accordance with generally accepted accounting principles, of its revenues and expenses for that year in the third-party expenses return referred to in section 359.