Election fund of the political party (electoral bloc), candidate for deputy registered in a single-mandate election constituency
1. Political party (block), whose candidates are registered in the multi-mandate all-state election constituency, candidate for deputy registered in a single-mandate election constituency is required to open bank account of its/his election fund at least 85 days prior to the election date. The bank account of the political party (block) shall be open upon submission of the carbon copy of the resolution of the Central Election Commission on registration of the candidates for deputies in the multi-mandate election constituency, quoted in the election list of the party (block); and the bank account of the candidate for deputy registered in a single-mandate election constituency - upon submission of the carbon copy of the resolution on his registration made by the relevant constituency election commission.
2. The National Bank of Ukraine, as endorsed by the Central Election Commission, within 100 days prior to the election date, shall issue rules regulating opening and closing of bank account of the election fund of the political party (electoral bloc), and candidate for deputy registered in a single-mandate election constituency as defined in the paragraph 1 of the Article herein (hereinafter referred to as the bank account of the election fund).
3. Political party (block), whose candidates are registered in the multi-mandate all-state election constituency, shall open bank account of its election fund in the premises of a Ukrainian bank located in Kyiv. The candidate for deputy registered in a single-mandate election constituency shall open his bank account of the election fund in the premises of a Ukrainian bank located where respective constituency election commission is located. The Central Election Commission shortlists banks qualified to keep bank accounts of the election funds. The above political party (block), candidate for deputy retains the right to open only one bank account of the election fund denominated in local currency only.
4. Cash available on the bank account of the election fund shall be withdrawn in the form of bank transfers only.
5. The bank shall not charge for services related to the opening and closing of bank account of the election fund. The bank shall not accrue, nor pay interest on cash held on the bank account of election fund.
6. The bank, at the latest on the next day upon opening bank account of the election fund of the political party (block), candidate for deputy as defined in the paragraph 1 herein, shall notify about opening such account and the account details to the Central Election Commission or relevant constituency election commission, respectively.
7. The Central Election Commission shall once publish information on the opening of the bank account of election fund and the account details in the newspapers “Holos Ukrainy” and “Uriadovyi Curier”; the constituency election commission shall publish the above information in a local state-owned or municipal press at the expense of the funds allocated from the State Budget of Ukraine for preparation and conduct of elections. Subsequently, information on details of the bank account of the election fund shall be published in the press at expense of respective election fund.
8. Disbursement of cash kept at the bank account of the election fund shall be stopped one day prior to the election date.
9. In the event repeated elections are announced in a single-mandate constituency, disbursement of cash kept at the bank accounts of election fund of respective candidates for deputies listed in the ballots for repeated voting shall be renewed since the date of the resolution on conducting repeated voting.
10. The bank shall close bank account of the election fund on the 15th day following the date of official announcement of the election results in the respective constituency.
