III. Comments on the Text on the Draft Electoral Law 

E. Financing of elections

The Venice Commission and the OSCE/ODIHR have previously recommended the introduction of a reasonable campaign spending limit. Article 48.1 of the draft electoral law limits the amount of a political party campaign fund for the national proportional representation list election to 100 million UAH.[1] The limit for the campaign fund of a single-mandate district candidate is 4.5 million UAH.

[1] The exchange rate at the moment of drafting the document was 1 EUR: 10.95 UAH.