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The Supreme Court has narrowly held that the UK Independence Party (UKIP) can keep nearly all of a £349,216 donation despite the donor not being a permissible donor at the time of receipt, contrary to party funding rules under the Political Parties, Elections and Referendums Act 2000.
The Supreme Court upheld an order originally made at the City of Westminster Magistrates Court to the effect that the party only had to give back a small proportion of the money. UKIP will now only have to forfeit £14,481, rather than the full amount. According to the BBC, this will save the party from financial ruin. We will have more detail on the decision, which was by a narrow 4-3 majority, soon. In the meantime, the Supreme Court press summary can be found here, and is reproduced below.
