Canada Elections Act
Marginal note:Contributions for ticketed fundraising functions
377 (1) If a fundraising activity is held for the primary purpose of soliciting a monetary contribution for a registered party, a registered association, a nomination contestant, a candidate or a leadership contestant by way of selling a ticket, the amount of the monetary contribution received is the difference between the price of the ticket and the fair market value of what the ticket entitles the bearer to obtain.
(2) For the purpose of subsection (1), in calculating what a ticket bearer is entitled to obtain, to be included in the calculation is
(a) the cost of any goods or services received by the ticket bearer personally, such as meals and promotional products; and
(b) their share of any general expenses incurred by the registered party, registered association, nomination contestant, candidate or leadership contestant, as the case may be, in holding the activity, such as expenses incurred for the rental of a meeting space or for any audiovisual equipment used.
- 2000, c. 9, s. 377
- 2003, c. 19, s. 11
- 2004, c. 24, s. 8
- 2014, c. 12, s. 86
- 2018, c. 31, s. 247
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