'Unfair If Called-off Polls Leave Candidates Broke'

"); jQuery("#212 h3").html("

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1587119_1_20210422180621.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1587119-20210422.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1587119-20210422.htm', 'DCS.dcsqry', '' ); } } }); }); });

2021-04-22 HKT 14:53

Share this story

facebook

  • Horace Cheung says it's all down to luck whether a candidate will be able to reclaim campaign expenses.

    Horace Cheung says it's all down to luck whether a candidate will be able to reclaim campaign expenses.

Lawmakers on Thursday expressed concern about proposed changes to election rules that will leave candidates out of pocket if a poll is called off because one of their opponents is disqualified or dies.

The Constitutional and Mainland Affairs Bureau told a Legco bills’ committee – which is discussing Beijing’s overhaul of the SAR’s electoral system – that under the new arrangements, subsidies for campaign expenses will only be paid out after voting has been completed.

However, the administration agreed to consider a request from Business and Professionals Alliance lawmaker Priscilla Leung to cover part of candidates’ expenses even when polls are cancelled before an election.

The bureau’s principal assistant secretary Cherie Yeung explained that they were unable to make payments before the election because the subsidy was calculated on a candidates’ share of the vote.

DAB lawmaker Horace Cheung said this wasn’t fair to other candidates, saying whether someone could claim back campaign expenses appeared to all boil down to luck.

Previous local elections were able to continue even in the event of a disqualification or death, because of the city’s use of a proportional representation voting system where a political party would submit a list of candidates.

However, future local elections will use a single non-transferable vote system with voters casting ballots for individual candidates.

Authorities had earlier explained that by-elections will be held if a candidate in local polls dies or gets disqualified half way through the election, because voters may not be happy with the remaining candidates.

RECENT NEWS

HSBC Fined HK$4.2M Over Disclosure Breaches In Research Reports

The Securities and Futures Commission (SFC) has reprimanded and imposed a fine of HK$4.2 million on HSBC for breaching ... Read more

Philippines: The Hidden Fintech Gem You Cant Afford To Miss | Lito Villanueva

The Philippines is the fastest-growing digital economy and home to one of Southeast Asia’s most valuable fintech unic... Read more

SBI And Chainlink Partner On Blockchain And Digital Asset Use

SBI Group, one of Japan’s largest financial conglomerates with assets exceeding the equivalent of US$200 billion, has... Read more

China Considers Yuan-Backed Stablecoins To Advance Global Currency Push

China is considering permitting the use of yuan-backed stablecoins for the first time in a move that could support wide... Read more

Financial Sanctions: LSEG Risk Intelligence Answers Your Key Questions

Financial sanctions are essential government tools for achieving foreign policy objectives – and compliance is mandat... Read more

Korea Development Bank Leads $45M Bridge Round For Upstage

South Korea’s Upstage has secured a US$45 million Series B bridge round supported by Korea Development Bank (KDB), Am... Read more