1. Control over formation and use of funds from private election funds of candidates shall be exercised by the respective territorial election commission, taxation bodies, and by bank institutions with which the respective account is opened.
2. Funds from private election funds shall be used exclusively for the needs of the campaign publicity of a candidate. Use of funds from private election funds for other means is forbidden.
3. Funds received by private election fund from individuals or legal entities who, according to the fourth paragraph of Article 52 of this Law, have no right to contribute, or if the address of the contributor is absent, shall be transferred to the respective local budget upon the decision of territorial election commission.
4. Funds from private election funds which were not used for the needs of election campaign shall be transferred to the respective local budget upon the decision of territorial election commission.
