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(1)For a candidate at a ward election in the City the maximum amount of election expenses is £120 together with an additional 2-4p for every elector (taken according to the enumeration of the ward list to be used at the election); but the provision made by section 76(6) above for increasing the maximum amount of election expenses in the event of a candidate's death applies to the maximum amount under this subsection.
(2)A candidate at an election by liverymen in common hall need not have an election agent, his maximum amount of election expenses is £900, and section 90 above and Schedule 4 to this Act apply at such an election as they apply to an election of parish councillors, but the form of declaration as to election expenses shall be such as may be prescribed by Act of Common Council.
(3)The Secretary of State may by order vary a maximum amount of the candidate's election expenses specified in subsection (1) or subsection (2) above where in his opinion there has been a change in the value of money since the last occasion on which that amount was varied by such an order, and the variation shall be such as in his opinion is justified by that change.
An order under this subsection shall not be made unless a draft of the order has been laid before, and approved by resolution of, each House of Parliament; and the power to make the order is exercisable by statutory instrument.
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