RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of July 15, 2020 No. 102

About approval of the Procedure for opening and closing of accounts of the election funds and funds of All-Ukrainian referendum

According to Articles 7, of 15, 56 Laws of Ukraine "About the National Bank of Ukraine", to the Electoral code of Ukraine the Board of the National Bank of Ukraine DECIDES:

1. Approve the Procedure for opening and closing of accounts of the election funds and funds of All-Ukrainian referendum which is applied.

2. To department of payment systems and innovative development (Alexey Shaban) after official publication to inform banks information on adoption of this resolution.

3. To impose control over the implementation of this resolution on the vice-chairman of the National Bank of Ukraine Sergey Holod.

4. The resolution becomes effective on September 5, 2020.

Approved by the Resolution of Board of the National Bank of Ukraine of July 15, 2020 , No. 102

Procedure for opening and closing of accounts of the election funds and funds of All-Ukrainian referendum

I. General provisions

1. This Procedure is developed according to the Electoral code of Ukraine, the Laws of Ukraine "About All-Ukrainian referendum", "About banks and banking activity", "About payment services" (further - the Law)", other legislation of Ukraine and regulatory legal acts of the National Bank of Ukraine (further - National Bank).

2. This Procedure regulates opening and closing with banks, their separate divisions performing banking activity from bank name and branches of foreign banks in Ukraine (further - banks) accumulation, current accounts:

the election funds of the corresponding candidates, political parties, the local organizations of political parties during preparation and elections of the President of Ukraine, People's Deputies of Ukraine, local elections;

fund of initiative group of All-Ukrainian referendum on popular initiative (further - fund of initiative group), fund of propaganda concerning initiative of holding All-Ukrainian referendum on popular initiative of political party, public organization (further - fund of propaganda at the initiative of batch, public organization) during petition of voters in support of initiative of holding All-Ukrainian referendum on popular initiative;

funds of referendum of initiative groups, and also political parties, public organizations during preparation and holding All-Ukrainian referendum.

3. In this Procedure terms are used in such values:

1) the client - the presidential candidate of Ukraine registered by Central Election Commission (further - the presidential candidate of Ukraine); political party, candidates for People's Deputies of Ukraine of which are included in nation-wide, regional electoral lists and are registered by the Central electoral commission / which performs propaganda concerning initiative of holding All-Ukrainian referendum on national initiative / which is registered by Central Election Commission as the supporter or the opponent question of All-Ukrainian referendum (further - batch); the candidate for People's Deputies of Ukraine included by political party in nation-wide, regional electoral lists and registered by Central Election Commission (further - the candidate for People's Deputies); the local organization of batch, candidates are included by it in corresponding the electoral lists and registered by the relevant territorial election commission (further - the organization of batch); the candidate including included in the electoral lists of the organization of batch (further - the candidate, the candidate for position of the rural, settlement, city head registered by territorial election commission; the initiative group of All-Ukrainian referendum on popular initiative registered by Central Election Commission (further - initiative group); public organization which performs propaganda concerning initiative of holding All-Ukrainian referendum on national initiative / registered by Central Election Commission as the supporter or the opponent question of All-Ukrainian referendum (further - public organization);

2) accumulation account - the current account which is opened by bank to the client - the presidential candidate of the Ukraine/batch/organization of batch / to public organization, on which means for financing of the election campaign of clients/actions of propaganda of All-Ukrainian referendum arrive;

3) the list - the list of managers of customer accounts (further - the manager) who according to the Electoral code of Ukraine, the Law of Ukraine "About All-Ukrainian referendum" have exclusive right to dispose of the corresponding customer accounts and to sign payment instructions;

4) the current account - the account which opens bank to the client for accomplishment of the payment transactions determined by the Electoral code of Ukraine, the Law of Ukraine "About All-Ukrainian referendum";

5) the client's representative - the authorized person of the client which on legal causes has the right to open accounts on behalf of the client.

Other terms used in this Procedure are applied in the values determined by the legislation of Ukraine.

4. Customer accounts are opened in banks in national currency.

The expenditure of funds from current accounts of clients is performed according to requirements of the Electoral code of Ukraine, the Law of Ukraine "About All-Ukrainian referendum" is exclusive in non-cash form.

5. The bank has no right to refuse to the client opening of the account, making of the corresponding transactions on which is provided by the law, constituent documents of bank and the license provided to it, except cases when the bank has no opportunity to accept on bank servicing or if such refusal is allowed by the law or rules / internal documents of bank.

6. Conditions of opening of the account and feature of its functioning are determined in the bank account agreement signed between bank and its client and shall not contradict requirements of this Procedure.

The bank account agreement is signed between bank and the client taking into account the requirements determined by the Law of Ukraine "About financial services and state regulation of the markets of financial services".

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info