election deposit

[petal54]

what happens to the money that failed mp candidates lose when not get enough votes?

[LadyMelina]

What do you mean by the "money"?

[petal54]

candidates have to put up a deposit,which,if get fewer that x amount of votes,they do not get back

[askyourgran]

Interesting Petal, It would be interesting to know how much they've paid too. I don't know but it's no wonder Nick Clegg looked sick, and Harriet Harman looked quite upset too. I think it costs quite a bit to run the constituency office and organise leaflets, door-to-door people etc.

[trapped]

People wishing to stand as an MP must be over 18 years of age, and a British citizen, or citizen of a Commonwealth country or the Republic of Ireland.

Candidates must be nominated by ten parliamentary electors of the constituency they wish to stand in.

Authorisation is required to stand for a specific party, otherwise candidates will be described as independent or have no description.

In order to encourage only serious candidates to stand, a £500 deposit is required when submitting the nomination papers - returned if the candidate receives over five per cent of the total votes cast.

Certain people are disqualified from standing as an MP - please check the Electoral Commission website for further details.

[petal54]

many thanks Trapped.thinking politics helps me fall asleep when unable to drop off

[trapped]

Well keep this for bedtime , there is a search box top right .

http://www.parliament...s/elections-faq-page/

[ABerrant]

Forfeited deposits are returned to the Consolidated Fund of the United Kingdom. This is the Government's general bank account at the Bank of England.