12. Is there a ban on donations from corporations with partial government ownership to candidates?

Article 12(1) The total amount used to finance the election campaign of each list of candidates may not exceed 2,000,000 levs.(2) Candidates for President and Vice President shall be free to receive campaign contributions of up to 50,000 levs each. No foreignState, nor any foreign natural or corporate person, nor any state-owned enterprise or joint venture shall finance a candidate's electioncampaign. (Source: Presidential Election Act, 1991)

Article 71(1) The election campaign shall be financed through own resources of the independent candidates and the parties and coalitions, as well as through gifts donated by individuals and legal entities.(2) The gifts under para 1 may not exceed BGL 10,000 per individual and BGL 30,000 per legal entity.(3) The financing of the election campaign by legal entities in which the central government or municipal interest exceeds 50 per cent shall be prohibited.(4) The financing of the election campaign by foreign individuals or legal entities or by joint ventures in which the foreign interestexceeds 25 per cent shall be prohibited. (Source: Elections of Members of Parliament Act, 2001)

All donations to the presidential campaign from corporations with partial government ownership are banned. However for donations to the election campaign of members of parliaments the ban applies if the sum exceeds BGL 30,000 [I$ 40,000] per legal entity and if the central government or municipal interest exceeds 50 per cent.