With respect to the federal political contributions tax credit, which of the following statements is correct?

Question $37$ options:

Contributions made to any registered political party are eligible for the credit.

Contributions made to a candidate at the time of a federal general election are eligible.

The credit is equal to $29$ percent of the eligible contributions made.

There is no upper limit to the amount of the credit that can be claimed, as long as the contributions are made within the legal limits governing campaign contributions.