Matching payment period means the period beginning January 1 of the calendar year in which a Presidential general election is held and may not exceed one of the following dates:
For a candidate seeking the nomination of a party which nominates its Presidential candidate at a national convention, the date on which the party nominates its candidate.
For a candidate seeking the nomination of a party which does not make its nomination at a national convention, the earlier of—
The date the party nominates its Presidential candidate, or
The last day of the last national convention held by a major party in the calendar year.
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