|Subsidy rate of financial assistance for candidates and election expenses limits for Legislative Council election
A government spokesman said today (November 11) that after the above pieces of subsidiary legislation have come into effect, starting from the 2016 LegCo general election, the subsidy rate of financial assistance for candidates of LegCo elections would be increased from $12 per vote to $14 per vote, while the EELs for geographical constituencies (GCs) and functional constituencies (FCs) would be increased to the following amounts:
"The upward adjustment of the subsidy rate is based on the estimated cumulative inflation rate from 2013 to 2016 (i.e. 15.6 per cent). The EEL adjustments also took into account the estimated cumulative inflation rate over the same period, the declared election expenses of the contested candidates in the last LegCo general election, as well as other relevant considerations," the spokesman said.
The two pieces of subsidiary legislation implementing the said adjustments will be tabled at the Legislative Council on November 18, 2015 for negative vetting.
Ends/Wednesday, November 11, 2015