Maximum spending limit in election campaign raised, says Elections Department
[SINGAPORE] The maximum spending limit will be raised from $3.50 to $4 for every elector on the register of electors for the electoral division, said the Elections Department (ELD) on Thursday.
This is to account for inflation, it said.
The law imposes a ceiling on a candidate's election expenses to ensure a level playing field. Spending in excess of the maximum amount in the law is an illegal practice, said the ELD in a statement.
Read the full story here.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations