Home > 1.1.3 Submission of candidatures > UKRAINE - Election Code
 
 
 
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Article 156
 

Financial Deposit


1. Each party nominating an electoral list of MP candidates shall, after the commencement of the election process and before submitting documents to the Central Election Commission for the registration of the MP candidates, by way of a single payment transfer to the special account of the Central Election Commission a financial deposit in the amount of one thousand minimum salaries, determined in a monthly amount (established as of the day of the beginning of the election process).


The Central Election Commission shall, no later than the first day of the election process, post on its official website the deposit’s amount, the bank account details of the account for depositing a financial deposit.


2. Should the Central Election Commission make a decision on refusal of registration of all MP candidates nominated by the party, the financial deposit shall, within five days from the day of making such a decision, be returned to the account of the party that transferred it.


In case of receipt on the special account of the Central Election Commission for depositing a financial deposit of funds in the amount less than specified in Part one of this Article and/or of funds deposited in violation of the requirements of Part one of this Article, such funds shall not be refunded and shall be transferred to the state budget within five days after the deadline for registration of MP candidates.


3. The financial deposit paid by the party that nominated MP candidates shall be returned to the account of the party that transferred it, if, based on the election results, the party has obtained the right to participate in distribution of MP mandates, within eight days following the day of the official promulgation of the results of the election of MPs.


4. In other cases, the financial deposit shall, within eight days following the day of the official promulgation of the results of the election of MPs, be transferred to the State Budget.