(1) A person shall be guilty of an offence if, at a presidential election, the person -

(a) incurs election expenses, or

(b) makes any payment, advance or deposit in respect of such expenses,

on behalf of a candidate at that election, unless the person is the presidential election agent of the candidate at the election or a person authorised by such agent, acting within the limit of such authorisation.

(2) The presidential election agent of a candidate or a candidate or a third party shall be guilty of an offence if at a presidential election the said agent or a candidate or a third party -

(a) directly or through any other person, incurs election expenses in excess of the amount specified in section 53 and, for the purposes of proceedings for an offence under this paragraph, the excess of such expenditure shall be deemed to have occurred on polling day, or

(b) in contravention of section 54, pays any claim in respect of election expenses, or