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Article 91
 

91.1. The special election (referendum) account to form an election fund (hereafter referred as election accounts) shall be opened in the relevant bank, determined by the Central Election Commission. This account should be opened at least 24 hours prior to the collection of voters’ signatures necessary for the registration of a candidate, and a referendum campaign group. Candidates, political parties, blocs of political parties and referendum campaign groups may open only one special account.


91.2. The relevant bank should open a special election account for a candidate, political party, bloc of political parties, or referendum campaign group within 3 days of the submission of documents established in accordance with the rule defined by this Code. All funds shall be transferred in manats to the special election account.


91.3. All financial transactions of registered candidates, political parties with registered candidates, blocs of political parties, and referendum campaign groups shall be stopped within 3 days after Voting Day.


91.4. On the instruction of the relevant election commission, the relevant bank shall stop financial transactions to pay expenses from the special election accounts of candidates, registered candidates, political parties, blocs of political parties and referendum campaign groups in the following cases:


• If the necessary documents for registration defined in accordance with the rules in this Code were not submitted to the relevant election commission, or the person refused to be registered;
• If a candidate withdraws his/her application of consent or candidacy;
• If a political party, bloc of political parties withdraws its candidate;
• If initiators of a referendum campaign group apply to the relevant election commission to withdraw their membership from this group, or if the number of initiators of establishing of a referendum campaign group is less than the number defined in the Article 63 of this Code; or
• if a decision was made on de-registration.