Home > 2.1 The competent bodies and their tasks > UKRAINE - Law on Elections of the President
 
 
 
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Article 49
 
Monetary Deposit
1. The monetary deposit shall be made by a party (parties that are members of the bloc) that has nominated a candidate to the post of President of Ukraine, or by the candidate to the post of President of Ukraine by cashless bank transfer to a special account of the Central Election Commission in the amount of five hundred thousand UAH.
2. In case the Central Election Commission decides to deny a candidate registration, the monetary deposit shall be transferred to the account of the party (parties that are members of the bloc) or to the person that is a self-nominee to the post of President of Ukraine, within five days after the decision is made.
3. If the Central Election Commission cancels its decision to register a candidate to the post of President of Ukraine, the monetary deposit shall be transferred to the State Budget of Ukraine within five days after the decision is made. In case the Central Election Commission decides to deny a candidate registration to the post of President of Ukraine on the base of his/her own statement submitted no later than thirty days before the day of the elections, the monetary deposit shall be transferred to the account of the party (parties that are members of the bloc), which nominated the candidate to the post of President of Ukraine, or to the account of the candidate to the post of President of Ukraine.
4. The monetary deposit shall be returned to the party (parties that are members of the bloc), which nominated the candidate to the post of President of Ukraine, or to the candidate to the post of President of Ukraine if the candidate to the post of President of Ukraine received at least seven percent of the votes of the voters who took part in the voting. If the candidate to the post of President of Ukraine received less than seven percent of the votes of the voters who took part in the voting, the monetary deposit shall be transferred to the State Budget of Ukraine.