Political Parties and Elections Bill

Let us envisage a happy scenario: we have a general election and the Conservative party wins it. We do not repeal this legislation—if it becomes law—and we then fulfil our manifesto commitment to give the people of the UK a vote on the Lisbon treaty, which they were promised but on which Tony Blair reneged. The Bill would prevent British residents who have lived abroad for 10 years from coming back to the UK to campaign actively in, or give money to a campaign on, that referendum. Is that correct?