AREA: ACCOUNTS
True Scottish Party: Own accounts to Electoral Commission Scotland. Must stay solvent themselves.
Branch Party: Accounts filed as part of UK party in London. Bankrolled by UK party.
AREA: WHERE MONEY COMES FROM
True Scottish Party: Members subs in Scotland, Scottish donors, Short Money / allowances, fundraising.
Branch Party: UK HQ funding, UK donors, plus Scottish subs passed up then back down. Short Money goes to London first.
AREA: SPENDING LIMITS
True Scottish Party: Scottish treasurer controls limits for Holyrood and local.
Branch Party: UK treasurer controls overall limits. Scottish treasurer is a sub-treasurer to London.
AREA: STAFF
True Scottish Party: Employed by Scottish party. Contract is Edinburgh.
Branch Party: Employed by UK party. Contract is London, even if based in Edinburgh.
AREA: CAN BE WOUND UP?
True Scottish Party: Yes, by members in Scotland.
Branch Party: No. Only UK party can be wound up. The Scottish unit can't close itself.
IN PLAIN ENGLISH: A True Scottish Party lives or dies in Scotland. A Branch Party can't go bust in Scotland - because it's not a separate party.