Home > 4.2 Presidential elections > KYRGYZSTAN - Law on Elections of the President of the Republic and the Deputies of the Jogorku Kenesh
 
 
 
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Article 54
 

Election fund of a presidential candidate.


1. The presidential candidate within 5 calendar days after the Central Election Commission issues the certificate on compliance of the nominated candidate with the requirements of the Constitution and the present constitutional Law shall create his / her own election fund for financing the election campaign pursuant the procedure envisaged in the present constitutional Law.


2. The election funds can be formed from the following money as well as campaigning and information materials which are taken into account by the Central Election Commission:


1) own funds of the candidate which may not exceed the specified rate by more than 150,000 times;


2) funds allocated to a candidate by a political party, which may not exceed the specified rate by more than 500,000 times;


3) voluntary donations of natural persons, each of which may not exceed the specified rate by more than 500,000 times;


4) voluntary donations from legal entities, each of which may not exceed the specified rate by more than 500,000 times. The limit on expenses of the candidate from the election fund may not exceed the specified rate by more than 2,000,000 times. Violation of the procedure of the formation of the election fund and exceeding the limit amount of expenses of the election fund shall result in the liability envisaged in the law.


3. (Lost its effect in accordance with the constitutional Law No 96 dated June 5, 2017)


(In the version of the constitutional Laws of the Kyrgyz Republic No 96 dated June 5, 2017; No 116 dated August 8, 2019)