Acts and Regulations

P-9.3 - Political Process Financing Act

Full text
Amount of contribution and financing allowed – leadership contestant or nomination contestant
39.1(1)Subject to subsection (2), an individual may make a contribution or provide financing to a leadership contestant or a nomination contestant until the date on which the official representative files his or her final financial return under section 62.1.
39.1(2)No individual shall make a contribution or provide financing under subsection (1) that, taken together, is in excess of
(a) on or before December 31, 2017, $6,000; and
(b) on or after January 1, 2018, $3,000.
39.1(3)Despite subsection (2), on the expiry of the period referred to in subsection (1), no registered leadership contestant or registered nomination contestant shall, without reasonable excuse, have outstanding liabilities incurred for the purposes of the leadership contest or nomination contest if the sum of the liabilities and any contributions the contestant has made to himself or herself exceeds
(a) on or before December 31, 2017, $6,000; and
(b) on or after January 1, 2018, $3,000.
39.1(4)If the full amount of financing is secured by sureties or guarantors, a chartered bank, trust company, credit union or other commercial lending institution may provide financing to a leadership contestant or a nomination contestant in excess of the following amounts:
(a) on or before December 31, 2017, $6,000; and
(b) on or after January 1, 2018, $3,000.
39.1(5)Sureties and guarantors referred to in subsection (4) that are individuals shall comply with subsection (2).
2017, c.37, s.2