30. What is the allocation calculation for political parties to receive public funding?
Korea, Republic of
"(1) The State shall appropriate an amount obtained by multiplying the unit price for appropriation of subsidies by the total number of eligible voters in an election for National Assembly members recently held at the expiration of their term of office to budget as subsidies to political parties every year. In such cases, when any change is made in the total number of eligible voters due to an election for National Assembly members held at the expiration of their term of office, subsidies that are paid after the relevant election is finished shall be appropriated in budget based on the changed total number of eligible voters. <Amended by Act No. 8880, Feb. 29, 2008>
(2) In a year during which a presidential election, an election for National Assembly members at the expiration of the term of office, or simultaneous local elections provided for in Article 203 (1) of the Public Official Election Act are held, the unit price for appropriation of subsidies per eligible voter for each election (simultaneous local elections shall be deemed one election) shall be added to an amount referred to in paragraph (1). <Amended by Act No. 8880, Feb. 29, 2008>
(3) The unit price for appropriation of subsidies under paragraphs (1) and (2) shall be an amount obtained by adding to or reducing from the unit price for appropriation of subsidies of the previous year an amount calculated by applying the rate of fluctuation in nationwide consumer prices of the previous year compared with the year immediately preceding the previous year and publicly notified each year by the Commissioner of the National Statistical Office pursuant to Article 3 of the Statistics Act to the unit price for appropriation of subsidies of the previous year. <Newly Inserted by Act No. 8880, Feb. 29, 2008>
(4) The National Election Commission shall evenly and separably pay the subsidies referred to in paragraph (1) (hereinafter referred to as ""ordinary subsidies"") to political parties in each quarter of a year, and the subsidies referred to in paragraph (2) (hereinafter referred to as ""election subsidies"") to political parties within two days from the deadline for the registration of candidates. <Amended by Act No. 8880, Feb. 29, 2008
Article 25, Public Funds Act, 2023"