76 Limitation of election expenses

76  Limitation of election expenses

[(1)     The election expenses incurred by or on behalf of a candidate at an election must not in the aggregate exceed the maximum amount specified in subsection (2) below or, in the case of any of the Authority elections mentioned in subsection (2A)(a) to (c) below, the maximum amount prescribed by order under that subsection.]

[(1A)     Where a registered political party submits a list of candidates to be London members of the London Assembly at an ordinary election, [any election expenses incurred by or on behalf of any of those candidates must not in the aggregate exceed the maximum amount prescribed by order under subsection (2A)(d)].]

[(1B)     Where any election expenses are incurred in excess of a maximum amount specified in subsection (2) [below] or prescribed by order under subsection (2A) [below], any candidate or election agent who—

(a)     incurred, or authorised the incurring of, the election expenses, and

(b)     knew or ought reasonably to have known that the expenses would be incurred in excess of that maximum amount,

shall

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