Managers of an Electoral Fund of a Candidate or a Party Organization

1. A party organization that nominated an electoral list of candidates shall, by a decision of its governing body, appoint:

1) no more than two managers of the accumulation account of the party organization’s electoral fund, from among its candidates for local council included in its electoral list, or from among its authorized persons in the unified multi-member election district;

2) one administrator of each current account of the election fund of the party organization’s electoral fund – from among its authorized persons of the parties in territorial election districts.

A local council candidate or a candidate for village, settlement or city mayor may be a manager of the current account of his or her own electoral fund or appoint no more than one manager of the current account of his or her own electoral fund from among his or her agents.

2. The managers of the accumulation account of a party organization’s electoral fund shall keep the records of the receipt and distribution of the resources of the electoral fund between the current accounts.

The manager of the current accounts of an electoral fund shall ensure observance of financial discipline, as well as the purposeful use of the resources of the electoral fund

3. The banking institution at which the accumulation or the current account of an electoral fund has been opened shall on a weekly basis or upon request of the manager of the resources of the respective electoral fund provide the latter with information on the amounts and sources of donations transferred to the accounts of the electoral fund, as well as with information on the flow of resources and on the remaining resources.


4. No later than eight days prior to the day of voting, the manager of the current account of a party organization’s electoral fund shall be obliged to submit to the manager of the accumulation account of the party organization’s electoral fund an interim financial report for the time period from the day of opening the accumulation account of the electoral fund till the tenth day prior to the day of voting, in a form established by the Central Election Commission.

No later than five days prior to the day of voting, the manager of the accumulation account of a party organization’s electoral fund shall be obliged to submit to the respective territorial election commission an interim financial report for the time period from the day of opening the accumulation account of the electoral fund till the tenth day prior to the day of voting, in a form established by the Central Election Commission.

5. The manager of the current account of a party organization’s electoral fund shall be obliged no later than on the fifth day after the day of voting to submit to the manager of the accumulation account of the party organization’s electoral fund a final financial report, in a form established by the Central Election Commission.

The manager of the accumulation account of a party organization’s electoral fund shall be obliged no later than on the seventh day after the day of voting to submit to the respective territorial election commission a final financial report, in a form established by the Central Election Commission.

6. A manager of the current account of the electoral fund of a local council candidate, a candidate for village, settlement or city mayor shall be obliged no later than five days prior to the day of voting to submit to the respective territorial election commission an interim financial report for the time period from the day of opening of the current account of the electoral fund till the tenth day prior to the day of voting, in a form established by the Central Election Commission. Should the respective territorial election commission appoint repeat voting, a manager of the current account of the electoral fund of a candidate for village, settlement or city mayor, included on the ballot for the repeat voting, shall be obliged, no later than five days prior to the day of repeat voting, to submit to the respective territorial election commission an interim financial report for the time period from the day after the day of the official publication by the respective territorial election commission of a decision on appointing repeat voting till the seventh day prior to the day of repeat voting, in a form established by the Central Election Commission.

The manager of the current account of the electoral fund of a candidate in a multi-member election district or a candidate for village, settlement or city mayor shall be obliged, no later than the seventh day after the day of voting (in the case if the candidate for village, settlement or city mayor is included on the ballot for repeat voting, no later than the seventh day after the day of repeat voting) to submit to the respective territorial election commission a final financial report, in a form established by the Central Election Commission.

7. Both interim and final financial reports shall necessarily contain the information on all amounts of transfers to the account of the electoral fund, the incurred expenses and remaining resources in the respective accounts, including the information on the date of receipt of each contribution to the electoral fund, its amount, the person who made a contribution to the respective account of the electoral fund (with the indication of a person’s last name, first name and patronymic name), the party organization’s name (in case the party organization made a donation), the purpose of payment, date and amount of each payment from the respective account of the electoral fund, and the beneficiary of each payment.


8. The analysis of financial reports shall be performed by the territorial election commission. Should there in the course of the analysis of financial reports be revealed indications of violation of the law, the territorial election commission shall within five days from the date of detection of the respective signs notify the respective law enforcement bodies thereof.


9. Forms of financial reports provided for in this article, as well as the procedure for their analysis, shall be established by the Central Election Commission in coordination with the National Agency for Corruption Prevention.


10. The information contained in both interim and final financial reports shall be published by the territorial election commission within two days of the date of its receipt on its official websites (if available), the websites of respective local councils (if available), and the official websites of respective regional (territorial) bodies of the Central Election Commission or in another manner determined by it. Party organizations that have nominated electoral lists and set up their own election funds publish interim and final financial reports on the official websites of the respective party organization (if available) or otherwise on the Internet within two days of receiving them.


11. Upon the decision of the Central Election Commission and in accordance with the procedure established by it, the financial reports provided for in this article may be submitted to the respective territorial election commission by means of electronic services. In this case, the paper form of the specified report is not submitted.