Withdrawal from New Election

(1) Where one of the candidates for President and Vice President of the Republic, who have gained the most valid votes, declines to run in the new elections within 24 hours after the announcement of the election results, the candidates on the list with the next highest number of valid votes who shall be determined by the Central Election Commission, shall run in the elections.
(2) In the event of death or severe illness of any of the candidates on the lists who have gained the most valid votes, the Central Election Commission shall postpone the elections and shall schedule new elections not later than 14 days after the date of the second elections. Within three days after the date of the decision of the Central Election Commission, the central leadership of the party competent pursuant to the statute, or the leadership of the coalition of parties competent pursuant to the decision on the formation of the coalition may register a new candidate as provided for in Section V of the present Chapter.