Marginal note:Quarterly allowance
435.01 (1) The Chief Electoral Officer shall determine, for each quarter of a calendar year, an allowance payable to a registered party whose candidates for the most recent general election preceding that quarter received at that election at least
(a) 2% of the number of valid votes cast; or
(b) 5% of the number of valid votes cast in the electoral districts in which the registered party endorsed a candidate.
Marginal note:Computation of fund
(2) An allowance fund for a quarter is the product of
(a) $0.4375 multiplied by the number of valid votes cast in the election referred to in subsection (1), and
(b) the inflation adjustment factor determined under subsection 405.1(1) that is in effect for that quarter.
Marginal note:Computation of party’s allowance
(3) Each such registered party’s allowance for a quarter is that part of the allowance fund for that quarter that corresponds to its percentage of valid votes cast in the election mentioned in subsection (1).
Marginal note:Merger of parties
(4) A merged party is entitled to the aggregate of the allowances to which the merging parties of which it is composed would have been entitled had they not merged.
- 2003, c. 19, s. 40
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