Commissioner General of Elections Saman Sri Rathnayake said that the ceiling on election expenditure by each candidate contesting the 2024 Presidential Election will be decided today [16] itself even though the Election Commission has a five day period to do so according to the ‘Regulation of Election Expenditure Act No 3 of 2023.
He added that the decision would be made by the Election Commission in consultation with representatives of all 39 contestants.
REGULATION OF ELECTION EXPENDITURE ACT, No. 3 OF 2023
3. (1) Within a period of five days after the conclusion of the period of nomination specified in the Proclamation or Order requiring the conduct of an election under any law specified in section 2, the Election Commission shall, in consultation with the recognized political parties, and the independent groups contesting such election, fix by Order published in the Gazette, a sum of money in Sri Lankan rupees to be used for the purpose of calculating an authorized amount, in accordance with the provisions of this section, for such election:
