The threshold for opening political donations accounts has been reduced, and amendments Nos. 8, 19 and 27 will apply this new provision across all the categories of elections and elected representatives, in addition to political parties, their accounting units and third parties. Since an accounting unit and third party will have to open a political donations account upon the receipt of a monetary donation over €100, it is necessary to revise the respective definitions for these entities in the Electoral Act 1997 and the Local Elections (Disclosure of Donations and Expenditure) Act 1999. These definitions currently provide that an accounting unit or third party can be defined as such if it receives a donation that exceeds €126.97. The amendments will reduce this figure such that there will be a standardised figure of €100.