Home > 2.6 Campaign finance > BiH_Election_Law_last amended 2024
 
 
 
Download file    
 
 
Article 15
 

(1) A political party and an independent candidate participating in the elections for the authorities of Bosnia and Herzegovina at all levels shall open a special account for financing theelection campaign expenses, in accordancewith Article 4.4 paragraph (1) of this Law.


(2) The account for financing the election campaign shall be opened by the person or a body authorized by thepolitical party or by the independent candidate as appropriate.


(3) The special account for financing the election campaign expenditures shall be opened by the political party and the independent candidate no later than on the day of submission of the application for certification for participation in the elections, butnot earlier than three months prior to the date of submission of the application for certification.


(4) The funds that the political party and the independent candidate participating in the elections for the authorities of Bosnia and Herzegovina at all levels intend to spend for the election campaign must be paid credit to the special account for financing the election campaign.


(5) No payments may be received on the special account for financing the election campaign, other than those intended for financing the election campaign, nor may the funds from that account be used for any purpose other than coverage of the costs ofthe election campaign.


(6) If, once the payment of all transactions has been made, in accordance with this Law, there remain any unspent funds on the special account for financing the election campaign of the political party, these funds shall be paid to the transaction account of the political party head office.


(7) If the funds held on the special account for financing the election campaign are not sufficient to cover the expenses, the political party shall pay the outstanding liabilities based of the election campaign expensesfrom the account of the political party headoffice.


(8) If, once all transactions have been completed, in accordance with this Law, there remain any unspent funds on the special account for financing the election campaign of the independent candidate, these funds shall be returned to all sources or donors. The return of the remaining funds shall be proportional to the amounts of payments or donations given.