Campaign fund of a political party during elections of the Councils of Elders of Yerevan, Gyumri, Vanadzor

1. For the purpose of conducting an election campaign, a political party (alliance of political parties) running in elections shall set up an election fund which shall be formed by the voluntary contributions referred to in Article 26 of this Code.

2. A political party (political parties included in an alliance of political parties jointly) running in elections of the Council of Elders of Yerevan may make a contribution in the amount of up to 10 000- fold of the minimum salary to the fund of the political party (alliance of political parties), and during the elections of the Councils of Elders of Gyumri and Vanadzor — in the amount of up to 3 000-fold of the minimum salary.

3. Each natural person may make a voluntary contribution in the amount of up to 100-fold of the minimum salary in campaign funds of a political party (alliance of political parties).
A candidate included in the electoral list of the political party (alliance of political parties) running in elections of the Council of Elders of Yerevan may make a voluntary contribution in the amount of up to 1 000-fold of the minimum salary to the campaign funds of the political party (alliance of political parties), and during the elections of the Councils of Elders of Gyumri and Vanadzor — in the amount of up to 500-fold of the minimum salary.

4. During the election campaign for the Council of Elders of Yerevan, for the purpose of funding the conduct of the election campaign through the mass media, renting of halls, premises (except for election campaign offices) for the purpose of organising election gatherings and meetings with electors, preparing (placing), acquiring a campaign poster, printed campaign and other materials, preparing any types of campaign materials (including printed materials) to be provided to electors, a political party (alliance of political parties) running in elections shall have the right to spend an amount not exceeding the 100 000-fold of the minimum salary, and during the elections of the Councils of Elders of Gyumri and Vanadzor — an amount not exceeding the 30 000-fold of the minimum salary.