Funding of Election Campaign for Election of the President of the Slovak Republic

(1) The candidate for President of the Slovak Republic (hereinafter the “candidate for President”) may spend maximum EUR 500,000 inclusive of value added tax on their election  campaign in total for both rounds of elections. This sum shall also include the costs spent on the promotion of the candidate, which the candidate for President spent at the time beginning 180 days before the day of call of elections, and the costs, which were paid or are to be paid by the candidate for President. If the political commercial, advertisement or programme are published or broadcast free of charge or for a reduced price by other broadcaster than the Radio and Television of Slovakia, the above sum shall include their usual price.

(2) The costs of election campaign of the candidate for President shall mean the sum of all financial resources, donations and other performances for free that can be priced by money spent by the candidate for President on the settlement of paid advertising or commercials, for the settlement of political commercials, for the settlement of production of advertising posters, leaflets, other advertising materials and objects, and any other performances connected with the election campaign.

(3) The candidate for President may accept donations and other performances for free for the election campaign only from

a) a natural person permanently residing in the territory of the Slovak Republic,

b) a legal person based in the territory of the Slovak Republic,

c) a political party registered in the Slovak Republic.

 (4) The candidate for President must not accept any donation or other performance for free for the election campaign from

a) the State, Slovak Land Fund, municipality or higher territorial unit,

b) legal persons established or founded by the State, Slovak Land Fund, municipality or higher territorial unit,

c) legal persons with the participating interest of the State, Slovak Land Fund, municipality or higher territorial unit,

d) civil associations, foundations, non-profit organisations providing services of general economic interest, non-investment funds, interest associations of legal persons, associations of municipalities, and organisations with an international element,

e) public institutions and other legal persons established by law,

f) a person, for whom it cannot provide donor’s identification data or identification data of the contracting party that provided other performance for free,

g) a European political party and European political foundation.

(5) The financial resources intended for election campaign must be kept by the candidate for President on a special bank account.

(6) The data on the special account pursuant to Paragraph 5 must be available to third persons for free, remotely and continuously and must show the summary of payment transactions. The website containing the data shall be notified by the candidate for President in paper form or in electronic form immediately after opening the account to the Ministry of Interior, which will publish it at its website.

(7) Funds must be deposited on the special account pursuant to Paragraph 5 solely by transfer from another account. At the request of the Ministry of Interior, the candidate for President must prove, who is the owner of the account, from which the funds were transferred.

(8) The candidate for President shall save the statements of the account pursuant to Paragraph 5 for five years from issuance.

(9) The candidate for President shall keep special records of non-monetary donations and other performances for free including the date of acceptance of the donation or other performance for free, their value and identification data of the donor or identification data of the contracting party that provided other performance for free including the name, surname and permanent residence for a natural person, and name, registered office and ID number of the organisation for a legal person. For purposes of inclusion of the donation or other performance for free in the costs of election campaign, the candidate for President shall be obliged to include the difference between the price provided in the contract and usual price.

(10) The candidate for President shall keep special records of the use of resources pursuant to Paragraphs 5 and 9 for election campaign with the following structure

a) costs of settlement of pre-election and election opinion polls,

b) costs of settlement of paid advertising or commercials,

c) costs of political commercials broadcasting,

d) costs of settlement of election posters,

e) travel expenses,

f) the summary of non-monetary donations and other performances for free and their value,

g) any other costs of the candidate for President for their promotion, 

h) the summary of costs spent by the candidate for President for their promotion at the time beginning 180 days before the date of call of elections, and the number of the payment bank account, from which the costs were covered; if the political party incurred no costs, it shall submit a declaration on oath about it.

(11) The candidate for President shall be obliged to publish information structured pursuant to Paragraph 10 at its website, and deliver it to the Ministry of Interior in paper form and in electronic form within 30 days after the date of elections.

(12) The Ministry of Interior shall publish information pursuant to Paragraph 11 within 30 days from its delivery in paper form at its website and it shall be available to the public for five years.

(13) The candidate for President shall save the documents from record-keeping pursuant to Paragraph 9 and 10 at least for five years from the end of the election campaign.

(14) At the request of the Ministry of Interior, the candidate for President shall be obliged to submit the documents and submit information, explanation or provide other data concerning their election campaign within ten days from the delivery of the request.

(15) In conducting election campaign for President, a political party shall have the position of third party pursuant to Paragraph 8.

(16) The report on the resources spent by the candidate for President on election campaign shall be produced in the form published by the Ministry of Interior at its website no later than on the date of election.