§ 400.10 - Opposition personal funds amount.

(a) To compute the opposition personal funds amount, one of the following formulas must be used, depending on the date of the computation. The variables used in the formulas are defined in paragraph (b) of this section.

(1) To compute the opposition personal funds amount prior to July 16 of the year preceding the year in which the general election is held, the following formula must be used:

opposition personal funds amount = a−b.

(2) To compute the opposition personal funds amount from July 16 of the year preceding the year in which the general election is held to January 31 of the year in which the general election is held, one of the following formulas must be used:

(i) If c>d, opposition personal funds amount = a−b−((c−d) ÷ 2).

(ii) If c≤d, opposition personal funds amount = a−b.

(3) To compute the opposition personal funds amount from February 1 of the year in which the general election is held to the day of the general election, one of the following formulas must be used:

(i) If e>f, opposition personal funds amount = a−b−((e−f) ÷ 2).

(ii) If e≤f, opposition personal funds amount = a−b.

(b) Variables. The variables used in the formulas set out in paragraph (a) of this section are defined as follows: