§ Electoral Code art. 53Overall ceiling on the financial means that can be transferred to the

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Overall ceiling on the financial means that can be transferred to the
‘Electoral Fund’/‘For the initiative group’
(1) The overall national ceiling of the financial means that can be transferred to the
‘Electoral Fund’ or ‘For the initiative group’ constitutes 0.1 % of the revenue provided for in the
State Budget Law for that year.
(2) In any type of election or referendum, the overall ceiling of the means that can be
transferred to the ‘Electoral Fund’/‘For the initiative group’ shall be determined by decision of
the Central Electoral Commission.
(3) When determining the overall ceiling of the means that may be transferred to the
‘Electoral Fund’/‘For the initiative group’, the Central Electoral Commission shall determine
the coefficient according to the formula: the overall ceiling for financial means per country
calculated in accordance with paragraph (1) shall be divided by the total number of voters in
the country determined on the date of adoption of the decision referred to in paragraph (2).
(4) The overall ceiling of the means which may be transferred to the ‘Electoral Fund’
of the electoral competitor/referendum participant shall be set by the Central Electoral
Commission by multiplying the coefficient established in accordance with paragraph (3) by the
total number of voters in the country. The Central Electoral Commission shall determine the
maximum ceiling for each electoral constituency by multiplying the coefficient laid down in
paragraph (3) by the number of voters in the respective constituency. The data on the number
of voters shall be those fixed on the date of adoption of the Commission’s decision under
paragraph (2).
(5) The overall ceiling of the financial means which may be transferred ‘For the initiative
group’ shall be set by the Central Electoral Commission by multiplying the coefficient laid down
in paragraph (3) to the maximum number of signatures required to be collected by the initiative
group in order to support a candidate for an elected position or to initiate a referendum.

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