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Article 157
 

157.1. Candidates should open a special election account to form their election fund within 5 days of submitting a notification on nomination in a single-mandate constituency to the Constituency Election Commission.


157.2. Political parties and blocs of political parties, which intend to open a single election fund for their candidates, shall open a special election account to form the single election fund, within 5 days of submitting the list of candidates nominated in more than 60 singlemandate constituencies to the Central Election Commission.


157.3. A candidate, political party, or blocs of political parties shall open a special election account on the basis of the certified copy of the notice of the Constituency Election Commission on nomination of a candidate in a single-mandate constituency, and upon attaching thereto the documents specified in Articles 53 and 54 of this Code.
The candidate, political party, or bloc of political parties may assign their authorized representative to open the special election fund. The candidate, registered candidate, political party, or bloc of political parties may allow another person to use the funds from their election account by informing the Central Election Commission in writing.


157.4. if the constituency of a candidate or registered candidate changes, he/she may return the balance remaining in the special election account, by distributing it proportionally among the persons and legal entities who contributed voluntary donations. Should this right not be used, the bank will transfer the funds to the account of the Central Election Commission within 3 days, based on written instructions of the relevant election commission. Then, the candidate or registered candidate should submit a final financial report to the Central Election Commission and should submit a copy of the financial report to the Constituency Election Commission. Opening a special election account in a new constituency shall be regulated in conformity with the rules defined by this Code.