Home > 2.6 Campaign finance > THE FORMER YUGOSLAV REPUBLIC OF MACEDONIA - Electoral Code
 
 
 
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Article 71
 

(1) For the purpose of collecting funds for financing of an election campaign, the political party, coalition, the submitter of a independent list of a group of voters, i.e. persons having an intention to candidate, are obliged to register unique tax number labeled "for election campaign" and to open a bank account labeled "for the election campaign", which may not be used for other purpose whatsoever.


(2) The entities referred to in paragraph (1) of this Article, are obliged to register unique tax number and to open a bank account from paragraph (1) of this article the latest within 48 hours after verification of the list of candidates, and the earliest within 48 hours after calling the elections. During this 48 hours deadline, the proof for the registered unique tax number and the opened bank account shall be submitted to the competent election commission.


(3) The registering of unique tax number and the opening of the bank account from paragraph (1) of this article for a coalition, political party, group of voters, i.e. persons having an intention to candidate, shall be agreed upon by a coalition agreement, i.e. statement of intention, notary certified, given by the political party, group of voters, i.e. persons having an intention to candidate.


(4) Should the political party, the coalition, the submitter of independent list of group of voters, i.e. persons having an intention to candidate, fail to register a unique tax number and open a bank account within the time period specified in paragraph (2) of this article, the list of candidates shall be rejected by a decision taken by the competent Election Commission.


 (5) In case when the bank account is opened by the submitter of independent list of group of voters, i.e. persons having an intention to candidate, the authorized signatory of the bank account shall be the submitter of independent list or person authorized by the list submitter.


(6) All funds transferred by legal entities or private persons for financing the election campaign shall be deposited on the bank account from paragraph (1) of this article. The donations for financing the election campaigns may be transferred only onto the bank account from paragraph (1) of this article, and latest by the date determined for submitting the financial report for financing the election campaign defined by article 85, paragraph (1) of this Code.


(7) In case of not submitting or not confirming the list of candidates, the entities from paragraph (1) of this article who have registered unique tax number and have opened a bank account are obliged to return the unspent funds to the donor proportionally to the donated amount of funds and within a time period of 60 days.


(8) In case a coalition agreement has been made between entities from paragraph (1) of this article, the entities from paragraph (1) of this article, who had previously registered a unique tax number and had opened a bank account, shall be obliged to annul the registered unique tax number from the respective registry and to close the bank account after having transferred the funds, the rights and obligations of the bank account under the coalition agreement and the registered unique tax number, within the deadlines from paragraph (2) of this article.


(9) All funds aimed for financing of the election campaign shall be transferred onto the bank account from paragraph (1) of this article and all expenses aimed for the election campaign shall be made from such bank account.


(10) The bank account of paragraph (1) of this Article shall be closed within three months of the day of announcement of the final election results.