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Article 226
 

226.1. Candidates for municipality membership should open special accounts for creating their election fund within 5 days after submitting notification on the commencement of signature collection to the Constituency Election Commission.


226.2. The political parties, which intend to open a single election fund for their candidates, shall open a special election account to form the unified election fund, within 5 days of submitting the list of the candidates nominated in more than 1/3 of municipalities to the Central Election Commission.


226.3. A candidate, political party, or bloc of political parties shall open a special election account on the basis of the certified copy of the notification on nomination of a candidate submitted to the Constituency Election Commission, 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 its 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 its election account by informing the Constituency Election Commission (or the Central Election Commission) in writing.


226.4. if the municipality where the candidate or registered candidate is nominated changes, he/she should return the money remaining in the special election account, by distributing it proportionally among the persons and legal entities that made donations. After doing this, the candidate or the registered candidate should submit a final financial report to the Constituency Election Commission. Opening a new special election account shall be regulated in conformity with the rules defined by this Code.