Agreed with:
E.S.Rustamov, Chair of
National Bank Staff
of the Republic of Azerbaijan

Approved by Decision 6/23-8
dated on July 4, 2008 of the
Central Election Commission
of the Republic of Azerbaijan
M.M.Panahov, Chairman of Central
Election Commission

INSTRUCTION
on rules for opening specific election accounts in Presidential Elections of the Republic of Azerbaijan

This Instruction has been prepared pursuant to Article 91 of the Election Code of the Republic of Azerbaijan (hereafter referred to as Election Code) and defines rules for opening specific election accounts in Presidential elections of the Republic of Azerbaijan pursuant to Law “On Banks” of the Republic of Azerbaijan.

1. In accordance with Article 91 and 190 of the Election Code a candidate or his/her authorized representative should open a special election account for formation of election fund within 5 days after submitting of relevant documents to the Central Election Commission but at least 24 hours prior to the collection of voters’ signatures

2. The candidate or his/her authorized representative shall submit the following documents to the relevant bank:

a) If a candidate is nominated through self-nomination, or by the initiative group of voters:

• Application on opening of specific election account;
• Identification documents of persons applying for opening of specific election account;
• Copy of the notification compiled pursuant to Article 53.2 of Election Code, submitted to and approved by the Central Election Commission;
• Information on the liability, commitment before other countries and citizenship of the nominated person compiled pursuant to Article 53 of Election Code, as well as application on commitment on termination of his/her activity inappropriate with his/her with his/her duties when elected President 
• Powers of attorney of candidate’s authorized representative (if he/she appointed an authorized representative) made official in notary order.
• A document containing a sample signature (of a person conducting operations with special election account) verified by notary.

b) In addition to the documents mentioned above, the following documents should be submitted if a candidate is nominated by a political party:

• Copy of the document (certificate) on the state registration approved in the notary order;
• Copy of the Charter of the political party approved in the notary order;
• Decision of convention (conference, session of the leading body) of political party on candidate nomination and relevant session minutes;
• Powers of attorney of candidate’s authorized representative on financial issues approved in order established by Civil Code;

c) In addition to the documents mentioned in paragraph “a”, the following documents should be submitted if a candidate is nominated by the bloc of political parties.

• Decision of convention (conference, session of the leading body) of the bloc of political parties on candidate nomination and relevant session minutes;
• Decision of a session (convention, conference) of the political parties representatives which enter the bloc on nomination of a candidate on behalf of the bloc and relevant session minutes;
• Powers of attorney of candidate’s authorized representative on financial issues approved in order established by Civil Code or verified by notary.

3. The relevant bank should open a special election account for a candidate immediately but not later than 3 days after the documents mentioned above are submitted to the bank. All funds shall be transferred in mantas to special election account.

4. The right to give orders on the allocations included in special election account shall belong to the candidate, the authorized representative of a candidate as well as authorized representative on financial issues appointed by a political party or the bloc of political parties and whose candidacy is approved with a candidate.

5. Candidates can open only one special account.

6. It is prohibited to open a special election account in banks and credit organizations other than the International Bank of Azerbaijan and its branches. 

Agreed with:
E.S.Rustamov, Chair of
National Bank Staff
of the Republic of Azerbaijan

Approved by Decision 6/23-8
dated on July 4, 2008 of the
Central Election Commission
of the Republic of Azerbaijan
M.M.Panahov, Chairman of Central
Election Commission

INSTRUCTION
on rules for opening specific election accounts in Presidential Elections of the Republic of Azerbaijan

This Instruction has been prepared pursuant to Article 91 of the Election Code of the Republic of Azerbaijan (hereafter referred to as Election Code) and defines rules for opening specific election accounts in Presidential elections of the Republic of Azerbaijan pursuant to Law “On Banks” of the Republic of Azerbaijan.

1. In accordance with Article 91 and 190 of the Election Code a candidate or his/her authorized representative should open a special election account for formation of election fund within 5 days after submitting of relevant documents to the Central Election Commission but at least 24 hours prior to the collection of voters’ signatures

2. The candidate or his/her authorized representative shall submit the following documents to the relevant bank:

a) If a candidate is nominated through self-nomination, or by the initiative group of voters:

• Application on opening of specific election account;
• Identification documents of persons applying for opening of specific election account;
• Copy of the notification compiled pursuant to Article 53.2 of Election Code, submitted to and approved by the Central Election Commission;
• Information on the liability, commitment before other countries and citizenship of the nominated person compiled pursuant to Article 53 of Election Code, as well as application on commitment on termination of his/her activity inappropriate with his/her with his/her duties when elected President 
• Powers of attorney of candidate’s authorized representative (if he/she appointed an authorized representative) made official in notary order.
• A document containing a sample signature (of a person conducting operations with special election account) verified by notary.

b) In addition to the documents mentioned above, the following documents should be submitted if a candidate is nominated by a political party:

• Copy of the document (certificate) on the state registration approved in the notary order;
• Copy of the Charter of the political party approved in the notary order;
• Decision of convention (conference, session of the leading body) of political party on candidate nomination and relevant session minutes;
• Powers of attorney of candidate’s authorized representative on financial issues approved in order established by Civil Code;

c) In addition to the documents mentioned in paragraph “a”, the following documents should be submitted if a candidate is nominated by the bloc of political parties.

• Decision of convention (conference, session of the leading body) of the bloc of political parties on candidate nomination and relevant session minutes;
• Decision of a session (convention, conference) of the political parties representatives which enter the bloc on nomination of a candidate on behalf of the bloc and relevant session minutes;
• Powers of attorney of candidate’s authorized representative on financial issues approved in order established by Civil Code or verified by notary.

3. The relevant bank should open a special election account for a candidate immediately but not later than 3 days after the documents mentioned above are submitted to the bank. All funds shall be transferred in mantas to special election account.

4. The right to give orders on the allocations included in special election account shall belong to the candidate, the authorized representative of a candidate as well as authorized representative on financial issues appointed by a political party or the bloc of political parties and whose candidacy is approved with a candidate.

5. Candidates can open only one special account.

6. It is prohibited to open a special election account in banks and credit organizations other than the International Bank of Azerbaijan and its branches.