475. The treasurer shall reimburse, out of the general fund of the municipality, an amount equal to 70% of the election expenses reported in the return of election expenses and incurred and paid in accordance with this division by a party for its candidate for the office of mayor and for each of its candidates for the office of councillor, if the candidate is elected or obtains at least 15% of the votes cast at the election for the office concerned.
When computing the reimbursement, the treasurer shall subtract from the amount of the election expenses reported in the return the amount to which a party is entitled under sections 442.1 to 442.3 for its candidate for the office of mayor or borough mayor and for each of its candidates for the office of councillor.
1987, c. 57, s. 475; 1999, c. 25, s. 57; 2013, c. 7, s. 3; 2016, c. 172016, c. 17, s. 711.