May 29, 2018 General Comments Off on Legislature approves bill to limit donations from political parties
Taipei, The legislature approved Tuesday an amendment that will set an upper limit on the amount of donations a political party can pass on to its candidates in election campaigns.
According to the amendment to the Political Donations Act, political parties will not be allowed to donate more than NT$25 million (about US$881,700) to presidential and vice presidential candidates, or more than NT$2 million to each legislative candidate.
Mayoral candidates will not be allowed to receive more than NT$3 million in political donations from their parties, while city and county council candidates will be bound by an upper limit of NT$500,000 each, according to the new amendment.
The existing act had no limits to the amount political parties can contribute to candidates, which results in a wide disparity between big and small political parties, Democratic Progressive Party (DPP) lawmaker Chao Tien-lin (???) said.
As such, the new amendment will help ensure fairer competition between parties and also make political donations more transparent, Chao explained.
Political parties found violating the upper limits are liable to be fined up to double the donations, according to the amendment.
The new amendment is expected to be in place for the upcoming year-end 9-in-1 local elections.
Source: Focus Taiwan News Channel
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