Financial Deposit

1. A party organization that nominated the electoral list of candidates to the Verkhovna Rada of the Autonomous Republic of Crimea shall, after the commencement of the election process and prior to submission of documents to the Election Commission of the Autonomous Republic of Crimea for the registration of candidates, transfer to a special account of the Election Commission of the Autonomous Republic of Crimea financial deposit in the cashless form in the amount of fifty minimum salaries established as of the day of commencement of the election process.

2. A candidate for member of a village, settlement, city (territorial community with up to 10,000 voters) council, who is nominated by self-nomination in a multi-member district after the start of the election process and before submitting documents to the relevant election commission for registration shall transfer 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 election process begins.

A party organization that nominated candidates for members of a village, settlement, city (a territorial community with up to 10,000 voters) council or organization of a relevant higher-level party in a multi-member district after the start of the election process and before submitting documents to the relevant election commission for registration shall 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 election process begins for each candidate.

A party organization that nominated a candidate for the position of the village, settlement, city mayor (city with up to 75,000 voters) or the organization of the relevant party of the highest level, as well as the person nominated by self-nomination for the position of the village, settlement, city mayor up to (city with up to 75,000 voters) in a single single-member district, after the start of the election process and before submitting documents to the relevant election commission for registration as a candidate for the position of the village, settlement, the city mayor shall 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 on the day the election process begins.

A party organization that nominated the electoral list of candidates to the oblast, rayon, rayon in the city, as well as city, settlement, village (territorial community with over 10,000 voters) councils as well as a person, nominated through self-nomination as a candidate for a city mayor (for cities 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 a 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 single oblast or city 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 election, establish the amount of a financial deposit for each village, settlement, city, rayon, rayon in the city or oblast district and shall immediately make it public on its official website and inform the respective territorial election commissions thereof.

3. 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.

4. Should the village, settlement, rayon in the city, city, rayon, oblast election commission and 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 a village, settlement, 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 the relevant territorial election commission receives the funds in the amount 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 in eight days after the expiration of the registration of candidates are transferred in accordance with the village, settlement, city, oblast, republican Autonomous Republic of Crimea budget.

5. The financial deposit paid by the 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 mandates, within eight days following the day of the official promulgation of the results of the election of local council.

The financial deposit shall be returned to the respective entity that deposited it, if, based on the results of the local election, a candidate has been declared elected as a city mayor.

6. 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 republican budget of the Autonomous Republic of Crimea, or to the oblast or city budget.

7. 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.