If only one candidate is nominated, that candidate becomes president without an election. Otherwise, the first round of balloting takes place on the fourth Sunday of January in the election year. The elections are two-staged. If one of the candidates receives more than half of the votes cast, that candidate is elected president. If no candidate wins a majority in the first stage, the top two candidates rerun in the second stage two weeks later. The candidate who then receives more votes is elected. In the event of a tie, the election is resolved by lot. The Government confirms the outcome of the election and, if necessary, conducts the drawing of lots. The president assumes office on the first day of the month following the election (either 1 February or 1 March depending on whether there were one or two rounds).