Special Accounts of Political Parties, Blocks of Political Parties and Candidates to Municipal Membership.
226.1 Candidates for membership of municipality should open special accounts for creating their election fund within 5 days after they submit to the Constituency Election Commission a notification on commencing of collection of signatures.
The political parties, which intend to open a single election fund for the candidates shall open a special election account to form the unified election fund, within 5 days after they submit to the Central Election Commission the list of the candidates nominated in more than 1/3 of municipalities.
A candidate, political party, block of political parties shall open a special election account on the basis of the verified copy of the notification of the Constituency Election Commission on nomination of a candidate, and upon attaching thereto the documents specified in Articles 53 and 54 of this Code. The candidate, political party, block of political parties can assign its authorized representative to open the special election fund. The candidate, registered candidate, political party, block of political parties can entitle another person to use the funds from its election account, through informing the Constituency Election Commission (the Central Election Commission) in writing.
If the municipality, where the candidate or registered candidate is nominated, changes, he/she should return the balance remaining in the special election account by distributing it proportionally among the persons and legal entities that contributed voluntary donations. After doing this, the candidate or the registered candidate should submit a final financial report to the Constituency Election Commission. Opening a new special election account shall be regulated in conformity with the rules defined by this Code.
