EXPLANATORY NOTE

The Bill amends the Election Finances Act. It provides that contributions to a leadership campaign following the leadership vote must be for the purpose of paying off the campaign debt.

Bill 103 2019

An Act to amend the Election Finances Act in respect of contributions to leadership contestants following the leadership vote

Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:

1 Section 18 of the Election Finances Act is amended by adding the following subsection:

Leadership contestants after leadership vote

(1.5)  Contributions to the leadership contestant after the leadership vote shall be made only for the permanently restricted purpose of repaying the liabilities the leadership contestant incurred for the leadership contest.

Commencement

2 This Act comes into force on the day it receives Royal Assent.

Short title

3 The short title of this Act is the Election Finances Amendment Act (Leadership Fundraising Loophole), 2019.