Under the laws of 22 December 1990 and 19 January 1995 on the funding of political parties and election campaigns, parties and committees formed to support the various candidates are required to publish their campaign accounts - which must balance - and must include in their reports all expenditure on political communications. For a period of one year preceding the date of the election, the current spending limit in presidential elections is $16 million and for candidates present in the second round $21 million.
A ban on political advertising on commercial hoardings commences four months before the official campaign opens. Restrictions have also been placed on the funding of political parties: first, stringent ceilings were imposed on the resources parties may hold, together with an obligation to declare funds provided by businesses, industrial groups and private donors, subsequently all funding of political parties by businesses became illegal. The state reimburses a proportion of campaign expenses depending on the results obtained in the election $180,000 for any presidential candidate, plus 8% of the spending limit for these candidates and 36% for those winning more than 5% of the votes in the first ballot). These provisions are designed to make politics fairer by limiting expenditure and waste and guaranteeing a degree of equity between the candidates.
For more information: Constitutional
Council (in French)
National Assembly
Senate