Home > 1.6.2 Second round of voting > ARMENIA - Electoral Code
 
 
 
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Article 24
 

Funding of organisation and holding of elections 


1. The funding of expenditures for organising and holding elections (including drawing up lists of electors, organising professional courses for holding elections), as well as of expenditures necessary for the activities of electoral commissions shall be made at the expense of the funds of the State Budget. Such expenditures shall be provided for by the State Budget under a separate item and shall be incorporated under one line in the Public Procurement Plan for state needs. 



When making procurement at the expense of financial means allocated for organising and holding elections, the procurement procedure shall be prescribed by the Central Electoral Commission.  




2.In case of holding early, new regular, new elections, repeat voting, as well as second round of election of the National Assembly, elections shall be funded from the reserve fund of the State Budget and, if it is impossible, the Central Electoral Commission shall use the funds available on the special account of electoral deposits of the Central Electoral Commission. Where the funds available on the special account of electoral deposits of the Central Electoral Commission are not sufficient, the Central Electoral Commission may, on a competitive basis, obtain a loan from private banks. In this case, it is considered by virtue of law that the Government of the Republic of Armenia has provided the banks — in the amount of that sum, including the sum for service of loan — with a budget guarantee for a term of 3 years without any security. The Government shall — within a 3-year period — reimburse the funds used from the special account of electoral deposits, and the loan. 




3.Financial means intended for organising and holding elections (including those designated for the maintenance of commissions) shall be allocated to the “Central Electoral Commission” state body. The “Central Electoral Commission” state body shall, as prescribed by this Code and the legislation of the Republic of Armenia, dispose of the financial means and shall be responsible for using such means in accordance with the estimates prescribed by the Central Electoral Commission.