(1) The total amount used to finance the election campaign of each list of candidates may not exceed 2,000,000 levs.
(2) Candidates for President and Vice President shall be free to receive campaign contributions of up to 50,000 levs each. No foreign State, nor any foreign natural or corporate person, nor any state-owned enterprise or joint venture shall finance a candidate's election campaign.
(3) Some 50 percent of the funds provided by the budget for financing the election campaign shall be allocated in equal parts among the candidates of parties and coalitions which are represented in the National Assembly and have nominated their own candidates or joint candidates with another political party or coalition. The candidates nominated by parties, coalitions and nomination committees may receive short-term interest-free loans from the remaining funds of the budget allocated for financing of the election campaign. The amounts shall be provided upon presentation of bank guarantee. The candidates for President and Vice President who have obtained less than 1 percent of the valid votes in the elections shall reimburse the amounts received. The procedure for providing and reimbursement of funds shall
be specified by the Council of Ministers.
