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Article 37
 

 Material support of the state of the electoral campaigns



Electoral competitors are entitled to receive from the state non-interest loans. The Central Elections Commission shall determine the quantum of loan.



The state budget shall offer loans only based on financial representative appointed for this purpose by the electoral candidate. The representative may be a natural person or legal entity registered by the Ministry of Finance which shall be liable together with the electoral competitor who appointed him.



Electoral loans received from the state shall be paid completely or partially by the state depending on the total number of valid votes given candidate from the respective electoral district. The amount of money, determined by the division of the loan to the number of voters participating in elections, then by multiplication of the obtained result with the number of validly expressed votes for the respective candidate shall be covered by the state.



Electoral competitors who obtained less than 6 percent of the validly expressed votes on the entire territory of the country or in the respective districts, including the independent candidates who were not elected shall restitute the loans received from the state budget within a two months term after the elections. Other electoral competitors shall restitute the loans in a 4-month term.



[Article 37 as amended by the Law no.796-XV from 25.01.2002]

[Article 37 as amended by the Law no.894-XIV from 23.03.2000]