40. If there are limits on the amount a political party can spend, what is the limit?

 Art 7.3.1 [as modified by Section 20 of the 2004 Electoral Reform Law], 'Elections expenses shall not be incurred or authorized by a candidate and or party beyond the Liberian dollar equivalent of the following amounts: (a)    For President in excess of Two Million United States dollars (US$2,000,000.00). (b)    For Vice President in excess of One Million United States dollars (US$1,000,000.00). (c)    For a Senator in excess of Six Hundred Thousand United States dollars (US$600,000.00). (d)    For a Representative in excess of Four Hundred thousand United States dollars (US$400,000.00). (e)    For any other elective public office, in excess of Seventy-Five Thousand United States dollars (US$75,000.00).' (Source: The New Elections Law, 1986) Art 12, 'In the case of an expense made by a political party that simultaneously benefits more than one candidate, the expense shall be allocated among the candidates by dividing the amount of the expense by the number of candidates benefited, and that allocation shall be reported to the Commission by each treasurer and candidate concerned.' (Source: National Elections Commission (2011) Campaign Finance Regulations for Political Parties and Candidates)

Source THE 1986 CONSTITUTION OF THE REPUBLIC OF LIBERIA-New Elections Law