Financial Deposit
A party organization that nominated candidates for members of village, settlement or city council (of a territorial community with up to 10,000 voters) or an organization of the respective party at higherlevel in the multi-member district shall, after the start of the election process and before submitting documents to the respective election commission for registration, transfer in one payment to the special account of the election commission a financial deposit in a cashless form in the amount of twenty percent of the minimum wage in the monthly amount established on the day the commencement of the election process for each candidate.
A party organization that nominated a candidate for the position of the village, settlement or city mayor (of a city with up to 75,000 voters) or an organization of the respective party at higher level, as well as the person nominated by self-nomination for the position of village, settlement or city mayor (of a city with up to 75,000 voters) in the unified single-member district shall, after the start of the election process and before submitting documents to the respective election commission for registration as a candidate for the position of village, settlement or city mayor, transfer in one payment to the special account of the election commission a financial deposit in a cashless form in the amount of the minimum wage in the monthly amount established as of the day of commencement of the election process.
A party organization that nominated an electoral list of candidates to the oblast, rayon, rayon in city, as well as city, settlement or village councils (of a territorial community with 10,000 or more voters) as well as a person, nominated through self-nomination as a candidate for a city mayor (of a city with 75,000 or more voters) shall, after the commencement of the election process and prior to the submission of documents to an oblast or city election commission for the registration of candidates and candidates for city mayor, transfer to the special account of the election commission a financial deposit in a cashless form in the amount of four minimum salaries established as of the day of commencement of the election process, per each ninety thousand voters in the respective unified territorial election district separately for each type of elections.
The Central Election Commission shall, no later than the fifth day of the day of commencement of the election process, based on the data from the State Voter Register as of the day of commencement of the election process in the respective local elections, establish the amount of a financial deposit for each village, settlement, city, rayon, rayon in city or oblast election district and shall immediately make it public on its official website and inform the respective territorial election commissions thereof.
The bank account details of the bank account for depositing a financial deposit shall be posted by the respective election commission on its official website, or on the stand for official documents of that election commission, no later than the second day of the day of commencement of the election process.
Should the village, settlement, rayon in city, city, rayon or oblast election commission or the Election Commission of the Autonomous Republic of Crimea make a decision on refusal of registration of all candidates to local councils and/or a candidate for village, settlement or city mayor nominated by a party organization or through self-nomination, the financial deposit shall, within five days from the day of making such a decision, be transferred to the bank account of a party organization or to the bank account specified in the application filed with the respective election commission by a person nominated through self-nomination.
In case funds are received on the special account of the respective territorial election commission for payment of electoral deposits in an amount that is less than specified in parts one, two of this article, and/or funds contributed in violation of the requirements of this article, such funds are not refundable and shall in eight days after the expiry of the registration of candidates be transferred, respectively, to the village, settlement, city, oblast or republican Autonomous Republic of Crimea budget.
The financial deposit paid by a party organization that nominated candidates shall be returned to the bank account of the party organization that transferred it, if, based on the election results, the party organization has obtained the right to participate in the distribution of seats, within eight days following the day of the official promulgation of the results of the elections of local council members.
The financial deposit shall be returned to the respective subject that deposited it, if, based on the results of the local election, the candidate has been declared elected as village, settlement or city mayor.
In other cases, the financial deposit shall, within eight days following the day of the official promulgation of the election results, be transferred, respectively, to the respective village, settlement, rayon in city, city, rayon oblast or the republican budget of the Autonomous Republic of Crimea.
The procedure for depositing, return and transfer of a financial deposit shall be established by the Central Election Commission jointly with the Ministry of Finance of Ukraine no later than sixty days prior to the day of voting.
