(1) The Budget of the Institutions of BiH and International Obligations of BiH (hereinafter: the BiH budget) shall provide for the cost and expense for the conduct of elections by the Central Election Commission of BiH referred to in Article 2.9 and Article 2.19, Paragraph (17) of this Law.

(2) The budgets of entities and cantons shall provide for the cost and expense for the conduct of elections by the election management bodies referred to in Article 2.21 of this Law, pursuant to the Decision of the Central Election Commission of BiH that regulates their scope of competence as well as the provision of missing funds for financing obligations referred to in Paragraph (3) of this Article.

(3) The budgets of municipalities and cities shall provide for the cost and expense for the conduct of elections by municipal election commissions referred to in Article 2.13 as well as remuneration costs referred to in Article 2.12, Paragraph (9) and Article 2.19, Paragraph (16) of this Law.

(4) The Budget of the Brčko District of BiH shall provide for the cost and expense for exercise of the competencies of the Election Commission of the Brčko District and reimbursement costs for the Election Commission and polling stations committees of the Brčko District of BiH pursuant to the Election Law of the Brčko District of BiH.

(5) The costs and expense for the exercise of the competencies and for the conduct of the elections shall be independently administered within the approved budget by the election commission referred to in Paragraphs (1), (2), (3) and (4) of this Article, which is authorized to determine the method of their use and supervise their allocation and use.

(6) The budgetary funds necessary to finance elections shall be paid out at the time and in the amounts determined by the body responsible for conducting the elections. The. The total amount of funds for the conduct of the elections must be provided by the institutions referred to in paragraphs (1), (2), (3) and (4) of this Article within 15 days from the day the decision to announce the elections is issued by the Central Election Commission of BiH.

(7) In case that the budget was not adopted for the fiscal year in which the elections are held, the institutions referred to in paragraph (9) of this Article shall secure funds for the duration of temporary financing, either by transferring the surplus revenues remaining after expenditures from the previous years have been settled, from current reserves or from any other source or revenue category.

(8) Nothing in the present Article shall be interpreted as preventing allocation of funds prior to the deadline specified in paragraph (6).

(9) The Ministry of Finance and Treasury of Bosnia and Herzegovina and the institutions responsible for budget execution at the relevant level of government shall be responsible for the implementation of the provisions of this Article.