POLITICAL FUND ACT

Expand Act No. 6662, Mar. 7, 2002 

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 Article 1 (Purpose)  
The purpose of this Act is to contribute to the sound development of democracy by guaranteeing an optimum supply of political funds and making the status of receipts and disbursement of such funds open to the public.
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 Article 2 (Basic Principles)  
(1) No person may contribute or receive any political funds except by this Act.
(2) Political funds shall be fairly used so as not to provoke the people’s suspicion, and a statement of accounts thereof shall be made open to the public. <Amended by Act No. 4740, Mar. 16, 1994>
(3) The political funds shall be disbursed only to cover expenses required for political activities, not for any private expenses or unlawful purpose. <Added by Act No. 4740, Mar. 16, 1994>
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 Article 3 (Definitions)  
The definitions of terms used in this Act shall be as follows: <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4463, Dec. 31, 1991; Act No. 4740, Mar. 16, 1994; Act No. 5413, Nov. 14, 1997>
1. “Political party” means a central party and district parties of a political party registered with the National Election Commission under the Political Parties Act;
2. “Political funds” means money, securities or other objects provided for political activities, such as the party members fee, supporting money, deposit money, subsidy, public collection money and articles of supporters’ association and incidental incomes, etc. as may be specified in the constitution and regulations, etc. of a political party;
3. “Contribution” means all activities of individuals, juristic persons, supporters’ association and other organizations related to the supply of political funds for political activities. Gratuitous lending of money, articles or facilities, exemption or reduction of an obligation, any act to give other benefits, etc. shall be regarded as a contribution;
4. “Party members fee” means money, securities or other objects that members of a party shall bear under the constitution and regulations of a political party, regardless of its titles;
5. “Supporting money” means money, securities or other objects that members of a supporters’ association pay to the association under this Act;
6. “Deposit money” means money, securities or other objects that any individual, juristic person or organization deposits to the competent election commission under this Act, with the intention of donating political funds to a political party;
7. “Subsidy” means money or securities that the State grants to political parties in order to protect and foster the political parties; and
8. “Supporters’ association” means an organization that is established and operated for the purpose of supplying the political funds to central parties (including the preparatory committee for formation of a political party as reported to the National Election Commission under Article 8 of the Political Parties Act; hereinafter the same shall apply) or City/Do branches of political parties and district parties, members of the National Assembly or those who have made a registration of candidacy for members of the National Assembly (hereinafter referred to as “district parties, etc.”), which are registered with the competent election commission.
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 Article 4 (Party Members Fee)  
Political parties may receive the party members fee.
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 Article 5 (Supporters’ Association)  
(1) The central party, City/Do branches, district parties, etc. of a political party may, respectively, designate a supporters’ association: Provided, That if a member of the National Assembly or a person who has registered as a candiate for a member of the National Assembly (hereinafter referred to as a “candidate for a member of the National Assembly”) forms a supporters’ association, the district party which is represented by the members of, or candidates for, the National Assembly, may not form a supporters’ association. <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4463, Dec. 31, 1991>
(2) When the central party, City/Do branch, district party, etc. of a political party (hereinafter referred to as a “political party, etc.”) designates a supporters’ association or withdraws this designation, the political party, etc. shall inform, without delay, the competent election commission thereof. <Amended by Act No. 4186, Dec. 30, 1989>
(3) Any person may be a member of one or more supporters’ associations by his own will: Provided, That with respect to persons who may not make a contribution under the provisions of Article 12, and who are ineligible for party membership under the provisions of the proviso of Article 6 of the Political Parties Act, this shall not apply. <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4740, Mar. 16, 1994>
(4) A supporters’ association shall be composed of individuals, juristic persons or organizations. <Amended by Act No. 5261, Jan. 13, 1997; Act No. 6270, Feb. 16, 2000>
(5) A supporters’ association of a central party may establish one branch office in the Special Metropolitan City, Metropolitan City and Do, respectively, under the conditions as prescribed by the Regulations of the National Election Commission. <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4740, Mar. 16, 1994; Act No. 5413, Nov. 14, 1997>
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 Article 6 (Functions of Supporters’ Association)  
(1) A supporters’ association may, after making a registration under the provisions of Article 8, receive the supporting money from its members or collect money and articles from persons who are not its members, and donate such money to a relevant political party, etc.: Provided, That the collection of any money and articles under the provisions of the main text of Article 6-4 (2) may be made only after reporting such collection to the competent election commission. <Amended by Act No. 4186, Dec. 30, 1989; Act No. 5128, Dec. 30, 1995; Act No. 5413, Nov. 14, 1997>
(2) Whenever any supporters’ association donates money and articles to a political party, etc., a person in charge of the accounting of the supporters’ association shall report the details without delay to the competent election commission. <Amended by Act No. 4186, Dec. 30, 1989; Act No. 5128, Dec. 30, 1995>
(3) The City/Do party branch supporters’ association, district party supporters’ association, supporters’ association for members of the National Assembly elected in a district constituency or supporters’ association for the candidates for members of the National Assembly in a district constituency, may recruit members or raise funds outside the district under its jurisdiction, and the supporters’ association for members of the National Assembly elected in a district constituency or supporters’ association for the candidates for members of the National Assembly in a district constituency may establish its office and liaison office in the Seoul Special Metropolitan City and the district constituency. <Added by Act No. 4740, Mar. 16, 1994>
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 Article 6-2 (Limits to Contributions by Supporters, etc.)  
(1) The money and articles that supporters are permitted to pay or donate to their association shall not exceed 120 million won a year (250 million won in case of a corporation). <Amended by Act No. 6270, Feb. 16, 2000>
(2) The money and articles that supporters are permitted to pay or donate to one association a year shall not exceed the amount falling under any of the following subparagraphs: <Amended by Act No. 6270, Feb. 16, 2000>
1. 100 million won (200 million won in case of a corporation) for an association organized for the headquarters of a political party;
2. 100 million won (200 million won in case of a corporation) for an association organized for one branch of a political party; and
3. 20 million won (50 million won in case of a corporation) for an association organized for one district party chapter, etc. of a political party.
(3) If a person, who is not a member of a supporters’ association, contributes any money and articles under the provisions of Article 6-4 (1), the money and articles not exceeding one million won each time may be contributed anonymously. <Added by Act No. 4497, Nov. 11, 1992>
(4) If a person, who is not a member of the supporters’ association, makes a contribution in excess of the ceiling of anonymous contributions as referred to in paragraph (3), a person in charge of the accounting of the relevant supporters’ association shall revert such excess to the National Treasury. <Added by Act No. 4497, Nov. 11, 1992>
(5) Each member of a supporters’ association shall pay annually the supporting money of not less than ten thousand won or an equivalent value. <Added by Act No. 4740, Mar. 16, 1994>
(6) During the period for which the act of making contributions is restricted in accordance with the Act on the Election of Public Officials and the Prevention of Election Malpractices, the amount of money and articles that one supporter is permitted to pay or donate to his association each time in any rally for raising money and articles under the provisions of Article 6-5 shall be not less than 10,000 won or the value equivalent to such amount. <Added by Act No. 6270, Feb. 16, 2000>
(7) The procedures of the reversion to the National Treasury as referred to in paragraph (4), and other necessary matters shall be prescribed by the Regulations of the National Election Commission. <Added by Act No. 4497, Nov. 11, 1992>
[This Article Added by Act No. 4186, Dec. 30, 1989]
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 Article 6-3 (Limits to Contributions by Supporters’ Association)  
(1) The supporters’ association of a central party shall not contribute annually any amount exceeding twenty billion won or an equivalent value; the supporters’ association for the City/Do branch, two billion won or an equivalent value; and the supporters’ association of a district party, etc., two hundred million won or an equivalent value. With respect to any supporters’ association registered newly after a supporters’ association is dissolved under the provisions of Article 10, no one may make a contribution in excess of the amount and equivalent value of twenty billion won in the case of the central party, two billion won in the case of the City/Do branch, and two hundred million won in the case of the district party, etc. less the amount or an equivalent value contributed by the supporters’ association: Provided, That in a year when an election for public offices is held, a supporters’ association which falls under the provisions of Article 6-8 (2) may contribute two times as much as the respective amounts as stated above. <Amended by Act No. 4463, Dec. 31, 1991; Act No. 4740, Mar. 16, 1994; Act No. 5128, Dec. 30, 1995; Act No. 5413, Nov. 14, 1997>
(2) The political funds collected or raised annually by a supporters’ association shall not exceed one and a half times as much as the maximum amount of an annual contribution as referred to in paragraph (1) (the balance brought forward from the preceding year shall not be included): Provided, That in a case where such political funds exceeds one and a half times the maximum amount of an annual contribution due to the funds raised by a rally, mail, telecommunication or advertisement (the balance brought forward from the preceding year not included), this shall not apply. <Amended by Act No. 4740, Mar. 16, 1994; Act No. 5128, Dec. 30, 1995; Act No. 5413, Nov. 14, 1997>
(3) If the political funds collected or raised annually by a supporters’ association exceeds the maximum amount of an annual contribution as referred to in paragraph (1), the excess may be contributed by carrying it over to the next year. <Amended by Act No. 4740, Mar. 16, 1994>
(4) Notwithstanding the provisions of paragraph (1), a supporters’ association of a district party, etc. may make a contribution of a limit not exceeding one and a half times the maximum amount of an annual contribution. <Added by Act No. 4740, Mar. 16, 1994>
[This Article Added by Act No. 4186, Dec. 30, 1989]
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 Article 6-4 (Method, etc. of Raising Money and Other Valuables)  
(1) Any supporters’association may raise money and other valuables through a rally, mail and telecommunication, advertisement, or exchange with a receipt for the fixed amount of political funds issued by the National Election Commission (hereinafter referred to as the “receipt of fixed amount”). <Amended by Act No. 5413, Nov. 14, 1997>
(2) Notwithstanding the provisions of paragraph (1), the supporters’ association of a central party of a political party which has recommended candidates, the City/Do branch supporters’ association of a political party which has recommended candidates for a district constituency under its jurisdiction, and the supporters’ association of a district party (including the supporters’ association for members of the National Assembly in a district constituency) which has recommended candidates for such constituency and the supporters’ association of candidates (including the supporters’ association for members of the National Assembly registered as candidates for a district constituency) of the political party which has recommended candidates for such constituency, may raise money and other valuables by the methods of a rally and advertisement, only once, respectively, during the period of an election for public office: Provided, That the same shall not apply in case of the raising money and other valuables through mail and telecommunication, and exchange with the receipt of fixed amount. <Amended by Act No. 5128, Dec. 30, 1995; Act No. 5413, Nov. 14, 1997>
(3) The supporters’ association may not do any act supporting or propagating any person who wishes to run for the election for public office, or any candidate for such election, or any act which may become tantamount to an election campaign, taking advantage of the opportunity to raise any money and other valuables as referred to in paragraph (1). <Amended by Act No. 5128, Dec. 30, 1995>
(4) When the supporters’ association has raised any money or other valuables, the amount calculated by deducting the expenses directly incurred in raising the money and other valuables from the amount raised shall be contributed without delay to the political party, etc. In this case, the political party, etc. may keep the money and other valuables contributed in the deposit account of the supporters’ association. <Amended by Act No. 5413, Nov. 14, 1997>
[This Article Wholly Amended by Act No. 4740, Mar. 16, 1994]
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 Article 6-5 (Raising of Money through Rally, Mail, or Communications)  
(1) Any rally of the supporters’ association for raising money and articles shall be held at the same place, and may not last in excess of six hours. But no outdoor rally may be held in a period from three months before the day on which the election for public office is held, to the election day.
(2) No entertainment activity may be conducted at a rally as referred to in paragraph (1) during the contribution-restricted period as prescribed by the Act on the Election of Public Officials and the Prevention of Election Malpractices: Provided, That the same shall not apply in case of a festive song. <Amended by Act No. 5413, Nov. 14, 1997>
(3) In the case of raising money by means of rally, mail or telecommunication, the name of the supporters’ association, purpose of raising money and articles, date, time and place of the rally, the place and method of payment, and the mention of soliciting the fund-contribution may be made known to the public by a method as prescribed by the Regulations of the National Election Commission. <Amended by Act No. 5128, Dec. 30, 1995; Act No. 5413, Nov. 14, 1997>
(4) If it is not during an election campaign period for any public office, money and articles may be raised by means of the fund-raising through a rally such as a bazar, an exhibition of arts and calligraphy, a party in honor of book publication, a concert, and other methods as prescribed by the Regulations of the National Election Commission (hereinafter referred to as the “bazar or exhibition of arts and calligraphy, etc.”): Provided, That during the period for which the act of making contributions is restricted under the Act on the Election of Public Officials and the Prevention of Election Malpractices, the prohibition is laid on raising any money and articles by means of a concert. <Added by Act No. 5261, Jan. 13, 1997; Act No. 5413, Nov. 14, 1997; Act No. 6270, Feb. 16, 2000>
(5) Any bazar or exhibition of arts and calligraphy, etc. referred to in paragraph (4) shall not be held for the purpose of offering money and articles in deviation of the purpose of raising such money and articles. <Added by Act No. 6270, Feb. 16, 2000>
(6) The price of goods which supporters buy in the bazar or exhibition of arts and calligraphy, etc. under the provisons of paragraph (4) shall not be included in the limit of the amount to be paid or contributed in a year under the provisions of Article 6-2 and with respect to a person who buys goods, etc., the receipt forms of political funds or receipt for the fixed amount of political funds under the provisions of Article 7 shall not be issued. <Added by Act No. 5261, Jan. 13, 1997>
[This Article Wholly Amended by Act No. 4740, Mar. 16, 1994]
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 Article 6-6 (Raising of Money through Advertisement)  
(1) Any advertisement to raise any money and other valuables shall be limited to four times for one fund-raising event by using periodicals registered with the Minister of Information under the provisions of Article 7 of the Registration, etc. of Periodicals Act, in conformity with the following criteria:
1. An advertisement in the newspaper shall not be more than 17cm in length and 18.5cm in width; and
2. An advertisement inserted in periodicals other than newspapers, shall not be more than two pages of the relevant periodicals.
(2) Deleted. <by Act No. 5128, Dec. 30, 1995>
(3) The advertisement as referred to in paragraph (1) may include and publish the name of the supporters’ association, purpose of raising money and other valuables, and place where the money is paid, method of payment, target amount to be raised, and contents soliciting the fundraising. <Amended by Act No. 5128, Dec. 30, 1995; Act No. 5413, Nov. 14, 1997>
(4) In calculating the frequency of advertisements as referred to in paragraph (1), if one kind of periodical published on the same day is used, it shall be considered as one time. In this case, even though the date of publication is printed differently depending on the area to which the newspapers published on the same day are distributed, the frequency of such advertisement shall be considered as one time.
[This Article Added by Act No. 4740, Mar. 16, 1994]
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 Article 6-7 (Raising of Money through Exchange with Receipt of Fixed Amount)  
Any supporters’ association or person delegated by the supporters’ association may raise money and other valuables in exchange for the receipt of fixed amount.
[This Article Added by Act No. 5413, Nov. 14, 1997]
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 Article 6-8 (Scope, etc. of Year When Election for Public Office is Held)  
(1) For the purpose of the proviso of Article 6-3 (1), the term “year when an election for public office is held” means a year including the day on which the presidential election (excluding the case of a partial reelection, or the need to vote again due to an act of God, etc.) or various elections for public office which are held due to an expiration of the term of office, and for which political parties may recommend candidates, are held. <Amended by Act No. 5128, Dec. 30, 1995>
(2) The supporters’ association which may contribute double the annual contribution ceiling amount of an ordinary year, in the year when an election for public office is held, under the provisons of the proviso of Article 6-3 (1), shall be as follows: <Amended by Act No. 5128, Dec. 30, 1995; Act No. 5413, Nov. 14, 1997>
1. In the year when the presidential election is held, the supporters’ associations for the central party and the City/Do branch and district party, or the supporters’ association for members of the National Assembly in a district constituency, of a political party which has elected a candidate for the Presidency pursuant to the provisions of the constitution, etc. of the political party concerned; and
2. In the year when the election for members of the National Assembly, or election for members of the local council or the heads of the local governments, for which the political parties are allowed to recommend their candidates, is held, the supporters’ association for the central party of a political party which has recommended its candidates for each of the above-mentioned elections, the supporters’ association for the City/Do branch of a political party which has recommended its candidates for a district constituency under its jurisdiction, and the supporters’ association for a district party of a political party which has recommended its candidates for a district constituency (including supporters’ association for members of the National Assembly in a district constituency): in the case of an election for members of the National Assembly, the supporters’ association for members of the National Assembly who do not belong to a political party, and who have registered as candidates in a district constituency, and supporters’ association for the proportional representative members of the National Assembly in the national constituency shall be included.
[This Article Added by Act No. 4740, Mar. 16, 1994]
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 Article 7 (Receipts for Contributions, etc. and Receipts of Fixed Amount)  
(1) When the supporters’ association has received any payment or contribution of money and articles from a member or a person who is not a member thereof, the said association shall deliver a receipt (excluding the case where money and articles are raised by means of an anonymous contribution under the provisions of Article 6-2 (3), a deposit account of an financial institution, the automatic response system (ARS)) using the receipt forms for political funds produced by the National Election Commission (hereinafter referred to as a “receipt form”), and the dimension and style of such receipt forms shall be prescribed by the Regulations of the National Election Commission. <Amended by Act No. 6270, Feb. 16, 2000>
(2) Notwithstanding the provisions of paragraph (1), the supporters’ associations for a central party, a City/Do branch, a district party and members of the National Assembly may receive any money and articles or contribution thereof from a member or a person who is not a member, using the receipt of fixed amount. <Amended by Act No. 5261, Jan. 13, 1997; Act No. 5413, Nov. 14, 1997>
(3) If the supporters’ associations for a central party, a City/Do branch, a district party and members of the National Assembly wish to issue a receipt of a fixed amount, they shall submit to the National Election Commission an application specifying the amount of contribution entered in the receipt of fixed amount and the number of the issued receipt etc., and pay the expenses for issuing such receipt. <Amended by Act No. 5261, Jan. 13, 1997>
(4) The receipt of fixed amount shall indicate the amount of the contribution, a statement to the effect that tax benefits shall be given to such amount under the provisions of Article 27, and the serial number assigned by the National Election Commission to the applicant supporters’ association, and the title of the National Election Commission and its official seal shall be affixed (or printed) in the issuer column; and the dimension, form, and other necessary matters shall be prescribed by the Regulations of the National Election Commission. <Amended by Act No. 6270, Feb. 16, 2000>
(5) The amount to be indicated on the receipt of fixed amount shall be in five denominations, such as 10,000 won, 50,000 won, 100,000 won, 500,000 won and 1,000,000 won; the name and address of a person who pays or contributes the money and articles or who receives the payment or contribution of money and articles, and other matters specifying such person may not be stated in the front or back of the receipt of fixed amount, except in the original register of the receipt of fixed amount; and the total amount of nominal value indicated in the receipt of fixed amount, which may be issued by an application of the supporters’ association in a year, shall not exceed the limit of annual contributions by such supporters’ association. In this case, the supporters’ association may have the receipt of fixed amount issued at one time within the limit of the ceiling of annual contributions. <Amended by Act No. 5261, Jan. 13, 1997>
(6) The supporters’ association shall file a report on the number of unused fixed-amount receipt forms, etc. as of December 31, which have been issued by the competent election commission, with the competent election commission by January 14 next year and the supporters’ association shall, if it is dissolved, return any unused fixed-amount receipt forms to the competent election commission within 14 days from the date of dissolution. <Amended by Act No. 6270, Feb. 16, 2000>
(7) No supporters’ association shall use the receipt form or the receipt of fixed amount for receiving any money or contribution in an amount different from the amount indicated on the receipt form and the face value of the fixed-amount receipt, and in case where it fails to report on the remaining number of sheets concerning the unused fixed-amount receipt
forms or to return them within the time limit as referred to in paragraph (6), the said association shall be deemed to have received money or contributions equivalent to the total face value. <Amended by Act No. 5413, Nov. 14, 1997; Act No. 6270, Feb. 16, 2000>
(8) The election commissions, supporters’ associations for the district party, supporters’ associations for members of the National Assembly and other persons related to the issue, use, etc. of the receipt of fixed amount shall not disclose the serial number of the receipt of fixed amount issued to such supporters’ associations, or inform other government agencies thereof, without taking such procedures as prescribed by the Acts.
[This Article Added by Act No. 4740, Mar. 16, 1994]
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 Article 8 (Application for Registration of Supporters’ Association, etc.)  
(1) The representative of a supporters’ association shall file an application for registration with the competent election commission, together with a written designation within fourteen days from the day of such designation by a relevant political party, etc. <Amended by Act No. 4186, Dec. 30, 1989>
(2) Matters to be recorded in an application for registration of a supporters’ association, shall be as follows: <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4463, Dec. 31, 1991; Act No. 4740, Mar. 16, 1994>
1. Name of the supporters’ association;
2. Location of the supporters’ association;
3. Articles of association or code of conduct of members;
4. Deleted; <by Act No. 5261, Jan. 13, 1997>
5. Names, resident registration number and address of a representative and a person in charge of accounting;
6. and 7. Deleted; and <by Act No. 4186, Dec. 30, 1989>
8. Other matters that may be prescribed by the Regulations of the National Election Commission.
(3) When any matters of registration under paragraph (2) are modified, an application for registration of such modification shall be filed within fourteen days. <Amended by Act No. 4186, Dec. 30, 1989>
(4) The competent election commission shall complete the registration within seven days from the date on which an application for registration under the provisions of paragraph (1) or (3), and deliver a certificate of registration. <Amended by Act No. 4186, Dec. 30, 1989>
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 Article 9 (Membership List of Supporters’ Association)  
(1) A supporters’ association shall keep a membership list.
(2) The list as referred to in paragraph (1) shall not be inspected by force unless such inspection is requested by a courts request for a judical decision or by the competent election commission for confirming necessary matters, such as the qualifications of members, details of supporting money, etc. under Article 25. <Amended by Act No. 4186, Dec. 30, 1989>
(3) No investigation of a membership list for criminal investigation shall be conducted without a warrant issued by a judge.
(4) No one shall disclose facts about a membership list he learned in the course of performing his duties.
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 Article 10 (Dissolution, etc. of Supporters’ Association)  
(1) If the relevant political party, etc. is extinguished by dissolution or other causes, or the designation of the supporters’ association is withdrawn, or such cause of dissolution as provided for in the articles of association, etc. occurs, or the supporters’ association for the district party falls under the provisions of the proviso of Article 5 (1), the supporters’ association shall be dissolved: Provided, That if the preparatory committee for the formation of a central political party which has a supporters’ association, has been registered as a political party, or a candidate having a supporters’ association is elected as a member of the National Assembly, the supporters’ association may continue to exist by a resolution for the continuation of its representative or mandatory organ as a supporters’ association for a registered central party or an elected member of the National Assembly, and if a member of the National Assembly or a candidate for a member of the National Assembly having a supporters’ association becomes a representative of a district party, the supporters’ association for such district party may continue to exist by a resolution for merger of its representative or mandatory organ (this refers to a resolution for merger adopted at a joint meeting of the representatives or mandatory organs of the supporters’ associations for a member of the National Assembly or a candidate for a member of the National Assembly concerned) as a supporters’ association for a member of the National Assembly or a candidate for a member of the National Assembly. <Amended by Act No. 4740, Mar. 16, 1994>
(2) In the case as referred to in the proviso of paragraph (1), the representative of the supporters’ association for a central party shall apply for a registration of change as prescribed in Article 8 (3), within fourteen days after the resolution for continuation is made, and the representative of the supporters’ association for a member of the National Assembly or a candidate for a member of the National Assembly, within fourteen days after the term of members of the National Assembly begins, and the supporters’ association shall succeed to the rights and duties of the previous supporters’ association. <Amended by Act No. 4740, Mar. 16, 1994>
(3) When the supporters’ association is dissolved, its representative shall report the dissolution to the competent election commission, within fourteen days. <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4740, Mar. 16, 1994; Act No. 5413, Nov. 14, 1997>
(4) If the supporters’ association fails to make a report on the dissolution as referred to in paragraph (3) within fourteen days after it is dissolved, the competent election commission may cancel the registration of such supporters’ association. <Added by Act No. 4740, Mar. 16, 1994>
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 Article 10-2 (Merger, etc. of Supporters’ Association)  
(1) In a case where a political party is newly established by merger or absorption under the provisions of Article 4-2 of the Political Parties Act, each supporters’ association may continue to exist as the supporters’ association of the political party newly established or absorbed through merger by a resolution for merger at a joint meeting of representatives or mandatory organ of the supporters’ associations or a resolution for continuation made by representatives or mandatory organ thereof. In this case, each supporters’ association shall apply for a registration of modification under the provisions of Article 8 (3).
(2) Any supporters’ association newly established or surviving through a merger under paragraph (1) shall succeed to rights and duties of the supporters’ association before the merger.
[This Article Added by Act No. 4186, Dec. 30, 1989]
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 Article 10-3 (Disposal of Residual Property, etc. after Dissolution of Supporters’ Association)  
(1) In a case where the supporters’ association is dissolved under the provisions of the text of Article 10 (1), its residual property shall be disposed of under the conditions as prescribed by the articles of association or code of conduct of the supporters’ association.
(2) Any remaining assets of the supporters’ association which are not disposed of under the provisions of paragraph (1), shall be reverted to the National Treasury. <Amended by Act No. 5128, Dec. 30, 1995>
(3) If any member of the National Assembly having a supporters’ association or any candidate for a member of the National Assembly loses the qualification to have a supporters’ association, he shall hand over the property remaining after being used as a contribution received from the supporters’ association, to any political party or any corporation in public interests or social welfare facilities registered under the Act on the Establishment and Operation of Public-service Corporations. <Added by Act No. 5128, Dec. 30, 1995>
(4) Matters necessary for the provisions of paragraph (2) or (3) shall be prescribed by the Regulations of the National Election Commission. <Added by Act No. 5128, Dec. 30, 1995>
[This Article Added by Act No. 4740, Mar. 16, 1994]
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 Article 11 (Deposit of Political Funds)  
(1) Any person, who wishes to contribute any political funds to a political party, shall deposit such funds in person (in the case of a corporation or an organization, including the case where a person belonging thereto delivers any political funds the same shall apply) under his name to the election commission: Provided, That in a case where he pays the party members fee under the provisions of Article 4, and contributes any supporting money and raises money and other valuables for the supporters’ association under the provisions of Article 6 (1), the deposit thereof to the election commission shall not be required. <Amended by Act No. 4740, Mar. 16, 1994; Act No. 5261, Jan. 13, 1997>
(2) A deposit which may be deposited by one person under the provisions of paragraph (1) shall not be less than ten thousand won or an equivalent value at any one time and the following annual amount or an equivalent value: <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4740, Mar. 16, 1994>
1. In the case of an individual, either one hundred million won or 5/100 of the individuals income in the preceding year, whichever is greater; and
2. In the case of a juristic person and an organization, either five hundred million won or 2/100 of total equities (this refers to the total sum of the capital stock, reserve funds and other surplus funds) as of the end of the preceding business year, whichever is greater.
(3) No one may deposit any money for political funds under a name of another person or anonymously. In this case, a deposit may be permitted on the condition that the name of the depositor is not disclosed in the public notice about payment under the provisions of Article 26.
(4) The procedure of deposit and other necessary matters shall be prescribed by the Regulations of the National Election Commission. <Added by Act No. 4186, Dec. 30, 1989; Act No. 4740, Mar. 16, 1994>
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 Article 12 (Restriction on Contribution)  
(1) Any person, who falls under any of the following subparagraphs, may not contribute political funds: <Amended by Act No. 4186, Dec. 30, 1989; Act No. 6270, Feb. 16, 2000>
1. Foreigners, foreign corporations and foreign organizations, except foreign corporations and organizations under the control of nationals of the Republic of Korea;
2. The State, public organizations, or corporations established under special Acts;
3. Enterprises in which the State or a local government owns the majority of stock or equities;
4. Mass media organizations and associations;
5. Unit trade union organized by business or business place;
6. School foundations;
7. Religious organizations; and
8. Enterprises showing deficits for three consecutive business years or more, and the relevant deficits have not been supplemented.
(2) Any trade union that intend to contribute any political fund shall set up and manage a separate fund for the contribution of political fund. <Added by Act No. 6270, Feb. 16, 2000>
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 Article 13 (Idem)  
No one may contribute or receive any political funds in connection with an act that falls under any of the following subparagraphs: <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4463, Dec. 31, 1991; Act No. 5261, Jan. 13, 1997>
1. An act to recommend a specific person as a candidate in an election for public office (this refers to elections for the President, members of the National Assembly, heads of local governments and members of local councils);
2. The election of a chairman and vice-chairman of a local council, and the election of a chairman and vice-chairman of an educational committee, a superintendent of a board of education, and members of an educational committee;
3. The act of asking a favor or to render an intermediary service with regard to the duties that a public official takes charge of and handles; and
4. An act to acquire any right, interest or position or to render an intermediary service related thereto by entering into a contract with persons as provided for in subparagraphs 2 and 3 of Article 12, enterprises which have received directly or indirectly any subsidy from the State or public corporations and enterprises which have received a payment guarantee from the Government or has been invested by the Government or by disposal thereof.
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 Article 14 (Restriction on Mediation of Contribution)  
No one shall mediate any contribution in a manner to oppress unfairly the intention of another person by taking advantage of business, employment or other relations.
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 Article 15 (Distribution and Payment of Deposit Money)  
(1) The National Election Commission shall allocate and disburse the political funds deposited under the provisions of Article 11 (1), according to an allocation ratio of the State subsidy at the time of deposit. <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4740, Mar. 16, 1994>
(2) Deleted. <by Act No. 5413, Nov. 14, 1997>
(3) The time and procedure for disbursement of deposit money and other necessary matters shall be prescribed by the Regulations of the National Election Commission. <Amended by Act No. 4740, Mar. 16, 1994>
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 Article 16 (Reversion to National Treasury of Deposit Money, etc.)  
(1) Any political funds deposited in violation of the provisions of Article
11 (2) and (3), shall be reverted to the National Treasury.
(2) If the political party to which deposit money is to be disbursed, refuses to receive it, the competent election commission shall return it to the depositor. In this case, if the depositor refuses to receive the refused deposit money, the deposit money shall be reverted to the National Treasury. <Amended by Act No. 4740, Mar. 16, 1994>
(3) The procedure of reversion to the National Treasury as referred to in paragraph (2), and other necessary matters shall be prescribed by the Regulations of the National Election Commission. <Added by Act No. 4497, Nov. 11, 1992>
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 Article 17 (Appropriation of Subsidy)  
(1) The State shall appropriate in the budget each year for subsidy to political parties, an amount obtained by multiplying the total number of electors in the general election for members of the National Assembly as held recently, by eight hundred won. In that case, when the total number of electors is changed in consequence of the holding of the general election for members of the National Assembly, the subsidy to be paid after completion of the election shall be appropriated on the basis of the total number of electors changed. <Amended by Act No. 4463, Dec. 31, 1991; Act No. 4497, Nov. 11, 1992; Act No. 4740, Mar. 16, 1994; Act No. 5413, Nov. 14, 1997>
(2) In the year when a Presidential election, a general election for members of the National Assembly, or an election for members of a local council or the heads of local government is held, for which it is allowed to recommend candidates of the political parties, and which is held due to the expiration of term, the subsidy shall be added to by eight hundred won for each election, and in the case of a concurrent election for members of the local council and the heads of local government, for which it is allowed to recommend candidates of the political parties, and which is held due to the expiration of term, the subsidy shall be added to by six hundred won for each election, in conformity with the criteria as referred to in paragraph (1). <Added by Act No. 4740, Mar. 16, 1994>
(3) The National Election Commission shall equally divide the subsidy as referred to in paragraph (1) by a quarter each year, and disburse it to political parties, and the subsidy as referred to in paragraph (2) shall be disbursed within two days after the registration of candidates for the relevant election is closed. <Amended by Act No. 4463, Dec. 31, 1991; Act No. 4740, Mar. 16, 1994>
[This Article Wholly Amended by Act No. 4186, Dec. 30, 1989]
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 Article 17-2 (Subsidy for Recommendation of Female to Official Post Candidate)  
(1) The State shall, as the subsidy under Article 31 (6) of the Political Parties Act, appropriate the amount obtained by multiplying the total number of electorates of the general election of the National Assembly members held recently by the amount of 100 won, into the budget of the year wherein the election of the members of City/Do Councils is to be held due to an expiration of term of office.
(2) For the political parties which have recommended females to not less than 30/100 of candidates for the election of members to City/Do Council for a local constituency due to an expiration of term of office, 50/100 of the gross amount of subsidies for a recommendation of females to official post candidates shall be distributed and paid in proportion to the ratio of parliamentary seats by political party in the National Assembly at the time of such payment, and the remainder shall be in proportion to the ratio of obtained votes in the general election of the National Assembly members held recently.
(3) The subsidies under paragraphs (1) and (2) shall be paid within one month after the election date of members to City/Do Council for a local constituency due to an expiration of term of office.
[This Article Added by Act No. 6662, Mar. 7, 2002]
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 Article 18 (Distribution of Subsidy)  
(1) 50/100 of the subsidy shall be allocated and disbursed in an equal portion to the political parties which form a negotiating group with members of the National Assembly belonging to the same political parties under the provisions of the text of Article 33 (1) of the National Assembly Act, at the time of disbursement. <Amended by Act No. 5261, Jan. 13, 1997>
(2) 5/100 of the subsidy shall be distributed and disbursed to political parties ineligible for the allocation and disbursement as referred to in paragraph (1) at the time of disbursement, which have won five or more seats, and 2/100 of the subsidy, to those political parties falling under any of the following subparagraphs of those which have won no seat or less than five seats: <Amended by Act No. 4740, Mar. 16, 1994>
1. In the case of the political parties which have participated in the general election for members of the National Assembly held recently, the political parties which have obtained votes of not less than 2/100 of the total number of effective votes in the election;
2. In the case of the political parties which have participated in the general election for members of the National Assembly held recently, but which have won some seats as a political party not falling under subparagraph 1, the political parties which have obtained votes of not less than 0.5/100 of the total number of effective votes in the election for members of local councils the heads of local governments recently held throughout the nation, for which it is allowed to recommend the candidates of the political parties; and
3. In the case of the political parties which have not participated in the general election for members of the National Assembly recently held, the political parties which have won votes of not less than 2/100 of the total number of effective votes in the election for members of local councils or the heads of local governments recently held throughout the nation, for which it is allowed to recommend the candidates of the political parties.
(3) 50/100 of the remainder excluding the amount of allocation and disbursement as referred to in paragraphs (1) and (2), shall be allocated and disbursed to the political parties holding seats in the National Assembly at the time of disbursement in proportion to the number of such seats, and the balance thereof shall be allocated and disbursed in proportion to the number of votes obtained by the political parties in the general election for members of the National Assembly recently held.
(4) In a case where the subsidy is allocated and disbursed under the provisions of paragraphs (1) through (3), the subsidy as prescribed in Article 17 (2) shall not be allocated and disbursed to the political parties which did not participate in the relevant election. <Amended by Act No. 4740, Mar. 16, 1994>
(5) For the purpose of paragraph (4), the term “political parties which did not participate in the relevant election” means those which fail to recommend a candidate as of the day on which the registration of candidates for the election is closed.
(6) The time and procedure of disbursing the subsidy and other necessary matters shall be prescribed by the Regulations of the National Election Commission. <Amended by Act No. 4740, Mar. 16, 1994>
[This Article Wholly Amended by Act No. 4463, Dec. 31, 1991]
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 Article 19 (Restriction, etc. on Use of Subsidy)  
(1) A subsidy shall not be used for any purpose other than the expenses required for the operation of a political party which fall under any of the following subparagraphs: <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4463, Dec. 31, 1991; Act No. 4740, Mar. 16, 1994; Act No. 5413, Nov. 14, 1997>
1. Personnel expenses;
2. Office equipment and supply expenses;
3. Office establishment and working expenses;
4. Public utility charges;
5. Expenses for policy development;
6. Educational and training expenses for members of a political party;
7. Expenses for organization and activities;
8. Expenses for propaganda;
9. Other expenses needed for political party activities; and
10. Expenses related to an election (limited to the subsidy as prescribed in Article 17 (2)).
(2) Any political party which is paid a subsidy under the provisions of Article 17 (1) shall use 20/100 or more of the total amount of the subsidy paid, for the purpose as referred to in paragraph (1) 5. <Added by Act No. 5413, Nov. 14, 1997; Act No. 6662, Mar. 7, 2002>
(3) A person in charge of accounting of a political party, shall establish a separate account for the subsidy, and manage such account separately from other political funds.
(4) The Election Commission of each class (excluding the Election Commission in the voting district) may make an investigation on the payment of subsidies, in case where deemed necessary for supervising a political party having received a subsidy under Article 18 and the person in receipt of such payment, or for verifying whether or not this Act has been violated. <Amended by Act No. 6662, Mar. 7, 2002>
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 Article 20 (Reduction of Subsidy)  
The National Election Commission may recover the relevant amount under any of the following subparagraphs, and make the payment thereafter by reducing it from the subsidies to be paid to the relevant political party, when deemed to be difficult to make such a recovery:
1. Where a political party, which has been paid the subsidy under Article 18, has made a false report on the accounting of such subsidies, the amount equivalent to twice of the amount falsely reported;
2. Where it has been disbursed for other usages than those under Article 19 (1), the amount equivalent to twice of the subsidies disbursed in contravention of such usages;
3. Where the amount disbursed for the usage under Article 19 (1) 5 in contravention of Article 19 (2) falls short of 20/100 of the gross amount of subsidies paid, the amount equivalent to twice of such a difference; and
4. Where any accounting report has not been made in contravention of Article 24, the amount equivalent to 25/100 of the subsidies paid in the case of central party, and the amount equivalent to twice of subsidies supported by the central party in the case of City/Do branches and district party chapters.
[This Article Wholly Amended by Act No. 6662, Mar. 7, 2002]
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 Article 21 (Return of Subsidy)  
(1) When a political party which has received the subsidy is dissolved or its registration is revoked, the party shall report, without delay, the details of expenditure of such subsidy to the National Election Commission, and if there is any remainder, the party shall return such remainder.
(2) The National Election Commission may collect compulsorily the subsidy that a political party has to return under the provisions of paragraph (1), pursuant to the example of a disposition on default of national tax.
(3) Collection of a subsidy under paragraph (2) shall take precedence over other public imposts.
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 Article 22 (Keeping and Making Entry of Account Books)  
(1) A person in charge of accounting of a political party shall keep account books and make an entry of items as prescribed in the following subparagraphs in respect to incomes and expenses:
1. Dates, amounts and the number of cases of all incomes, such as party members fees, contributions, subsidies, etc., and names, addresses, and other particulars of payers of the party members fee;
2. Dates and amounts of loans, income from publishing a party bulletin and other incidental incomes as prescribed in the constitution and regulations of a political party, and names, addresses and other particulars of lenders; and
3. Dates, amounts and purposes of expenses and names, addresses and occupations of the persons who are paid such expenses.
(2) A person in charge of accounting of the supporters’ association shall keep an account book and make an entry of items falling under any of the following subparagraphs in respect to incomes and expenses: <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4497, Nov. 11, 1992>
1. Dates and amount of all incomes, such as supporting money of members, collection of money and other valuables, etc., and names, addresses and occupations of contributors: Provided, That in the case of any anonymous contribution as prescribed in Article 6-2 (3), the date, amount and method of each contribution;
2. Date and amount of contribution to the political parties, etc.; and
3. Date, amount and purpose of all other expenses and names, addresses and occupations of the persons who are paid the expenses.
(3) Any member of, or candidate for, the National Assembly who has organized a supporters’ association, shall appoint a person in charge of accounting and report it to the competent election commission under the conditions as prescribed by the Regulations of the National Election Commission, and such person shall keep an account book and enter therein the matters concerning incomes and expenses which fall under any of the following subparagraphs: <Added by Act No. 4463, Dec. 31, 1991>
1. Date on which he received a contribution of political funds from the supporters’ association and the amount thereof; and
2. Date, amount and purpose of expenses and the name, resident registration number, address and occupation of the person who received such fund.
(4) Kind, form, method of making an entry and other necessary matters for account books as referred to in paragraphs (1) through (3) shall be prescribed by the Regulations of the National Election Commission. <Amended by Act No. 4497, Nov. 11, 1992>
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 Article 23 (Keeping of Account Books)  
A person in charge of accounting of a political party, a supporters’ association, or a member of, or a candidate for, the National Assembly who has organized a supporters’ association shall keep the account books under the provisions of Article 22, and detailed statements of receipt and disbursement of political funds as prescribed by the Regulations of the National Election Commission, for three years after completing the financial report. <Amended by Act No. 4463, Dec. 31, 1991>
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 Article 24 (Financial Report)  
(1) A person in charge of accounting for a central party, City/Do branches, district parties and supporters’ associations of each political party, and members of the National Assembly or candidates for members of the National Assembly having supporters’ associations, shall report to the competent election commission the details of their assets situation, receipt and disbursement of the political funds, and settlement of accounts, as of December 31 each year, not later than the fifteenth of February in the following year: Provided, That if the registration of a political party is cancelled, or the political party is dissolved, and its supporters’ association is dissolved pursuant to the provisions of Article 10 (1), and members of the National Assembly or candidates for the members of the National Assembly having a supporters’ association withdraw the designation of such association, or lose qualifications for having the supporters’ association, the report shall be made within fourteen days from that date. <Amended by Act No. 5128, Dec. 30, 1995; Act No. 5413, Nov. 14, 1997>
(2) A person in charge of accounting for a central party, City/Do branches and district parties of a political party which has participated in an election for public office, shall report to the competent election commission the details of the receipt and disbursement of the political funds during the election period, and the settlement of accounts, not later than thirty days (forty days in case of the presidential election) after the election is held. <Amended by Act No. 5128, Dec. 30, 1995; Act No. 5413, Nov. 14, 1997>
(3) A report on the details of the disbursement of the political funds and the settlement of accounts under the provisions of paragraphs (1) and (2), shall be accompanied by copies of the receipts and other documentary evidence: Provided, That in a case where it is difficult to provide such receipts and other documentary evidence as prescribed by the Regulations of the National Election Commission, this shall not apply.
(4) The political parties and the supporters’ associations shall, upon reporting the details of their assets situation, the receipt and disbursement of the political funds, and the settlement of accounts, under the provisions of paragraphs (1) and (2), go through an examination and resolution of the representative or mandatory organs, and attach a copy of such resolution and the written opinion on the self-audit conducted by the self-audit organ: Provided, That a central party and its supporters’ association of shall attach to the report a written opinion of a certified public accountant.
(5) Matters necessary for the report as referred to in paragraphs (1) through (4) shall be prescribed by the Regulations of the National Election Commission.
[This Article Wholly Amended by Act No. 4740, Mar. 16, 1994]
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 Article 24-2 (Inspection of Details, etc. of Property, Receipt and Disbursement, and Objection)  
(1) The competent election commission shall keep the details of the assets situation, the receipt and disbursement of the political funds, and the settlement of accounts, which are reported under the provisions of Article 24 (1) and (2), and attached documents thereof, at its office, and shall allow any person to inspect them, three months from the date of public notice as prescribed in Article 26.
(2) Any person who is dissatisfied with the details of the assets situation, the receipt and disbursement of the political funds, and the settlement of accounts, which are reported to the competent election commission under Article 24 (1) and (2), may raise an objection in writing at any time to the competent election commission during the inspection period as referred to in paragraph (1), with any documentary evidence on such objection raised.
(3) The competent election commission shall, upon receiving an objection under paragraph (2), investigate and confirm the matters of objection (excluding matters falling under the proviso of Article 24 (3)), within sixty days after receiving the objection, and notify the objecting party of the result.
(4) Matters necessary for an inspection as referred to in paragraph (1), an objection as referred to in paragraphs (2) and (3), and the procedure of settlement thereof, shall be prescribed by the Regulations of the National Election Commission.
[This Article Added by Act No. 4740, Mar. 16, 1994]
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 Article 24-3 (Special Cases concerning Report, etc. on Expenses for Election)  
Matters concerning a report on the details of the receipt and disbursement of expenses for an election for political parties and candidates participating in an election for public office, and the inspection of such report, etc. and objection, etc., shall be governed by the provisions of the Act on the Election of Public Officials and the Prevention of Election Malpractices, in lieu of this Act, and when the report is made under the provisions of the same Act, the report, etc. corresponding to provisions of this Act shall be considered to be made thereunder.
[This Article Added by Act No. 4740, Mar. 16, 1994]
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 Article 24-4 (Investigation of Specific Financial Transaction Information)  
(1) The competent election commission shall investigate the specific financial transaction information furnished to the Central Election Commission under Article 7 (3) of the Act on Report on Specific Financial Transaction Information and Utilization Thereof, etc.
(2) The competent election commission may, in performing the investigation under paragraph (1), demand the related political parties, supporters’ associations, and other interested parties to furnish the vindicating data.
(3) The procedures for dealing with a raised objection under Article 242 shall be applicable mutatis mutandis to the matters necessary for the investigation, vindication and procedures for their disposition.
[This Article Added by Act No. 6516, Sep. 27, 2001]
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 Article 25 (Request, etc. for Information)  
When the competent election commission deems it necessary for supervision, the commission may confirm account books, relevant documents and other necessary materials of a political party, supporters’ association, or members of, or candidates for, the National Assembly who has organized the supporters’ association, or request the party or association to submit such documents. <Amended by Act No. 4463, Dec. 31, 1991>
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 Article 26 (Public Notice)  
When the competent election commission receives a report or an application for registration under the provisions of Article 5 (2), 8, 10 (3) or 22 (3), a report under Article 6 (2) or 24 (1) and (2), cancels a registration of a supporters’ association under the provisions of Article 10 (4), and disburses political funds to a political party under the provisions of Article 15 or 18, or receives a report or has a subsidy returned under the provisions of Article 21, the commission shall announce the fact publicly under the conditions as prescribed by the Regulations of the National Election Commission. <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4463, Dec. 31, 1991; Act No. 4740, Mar. 16, 1994>
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 Article 27 (Exemption from Taxation)  
Any person who pays or contributes any political funds or has such funds paid or contributed under this Act, shall be exempted from corporate tax, income tax and donation tax on the amount equivalent to political funds under the conditions as prescribed by the Regulation of Tax Reduction and Exemption Act: Provided, That in the case of any anonymous contribution as prescribed in Article 6-2 (3), this shall not apply. <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4497, Nov. 11, 1992>
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 Article 28 (Exclusion from Application of Act on Regulation of Donations Collection)  
In the case of contributing or receiving any political funds under this Act, the provisions of the Act on the Regulation of Donations Collection shall not apply. <Amended by Act No. 5413, Nov. 14, 1997>
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 Article 29 (Obligation of Secrecy)  
Any member or personnel of a competent election commission shall not disclose a secret which he has learned in the course of performing his duties, while in office and even after retirement.
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 Article 30 (Penal Provisions)  
(1) Any person who gives or takes a political fund by a method not prescribed by this Act (in the case of a political party, supporters’ association, corporation, or any other organization, meaning the member who commits such offense; hereinafter the same shall apply) shall be punished by imprisonment not exceeding three years, or by a fine not exceeding thirty million won: Provided, That the persons who give or take the political fund are relatives under the provisions of Article 777 of the Civil Act, the same shall not apply. <Added by Act No. 5413, Nov. 14, 1997>
(2) Any person who falls under any of the following subparagraphs (in the case of a political party, supporters’ association, corporation, or any other organization, meaning the member who commits the relevant offense; hereinafter the same shall apply), shall be punished by imprisonment not exceeding three years, or by a fine not exceeding five million won: <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4497, Nov. 11, 1992; Act No. 4740, Mar. 16, 1994; Act No. 5261, Jan. 13, 1997; Act No. 5413, Nov. 14, 1997; Act No. 6270, Feb. 16, 2000>
1. A person who pays or contributes any money and other articles in violation of the provisions of Articles 6-2 (1), and who receives supporting money, or collects, pays or contributes money and other articles in violation of the provisions of Articles 6-2 (2), (6) and 6-3;
2. A person who collects any money and other articles in violation of the provisions of Articles 6-4 through 6-7 and a person who opens a bazar or an exhibition of arts and calligraphy, etc. in order to furnish money and other articles deviating from the purpose of raising the money and other articles in violation of the provisions of Article 6-5 (5);
3. A person who contributes or receives any political funds without depositing them with the election commission in violation of the provisions of Article 11 (1);
4. A person who deposits political funds under the name of another person or under a false name in violation of the provisions of Article 11 (3);
5. A person who contributes or receives any political funds in violation of the provisions of Article 12 or 13;
6. A person who mediates the contribution of political funds in violation of the provisions of Article 14 ; and
7. A person who is not entitled to have a supporters’ association under the provisions of Article 5, but establishes and operates a supporters’ association or other similar organizations for the purpose of contributing a political fund.
(3) In cases of paragraphs (1) and (2), the offered money and other articles, and other pecuniary interests shall be confiscated, and if it is impossible, their value shall be collected. <Added by Act No. 5413, Nov. 14, 1997>
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 Article 31 (Idem)  
Any person who falls under any of the following subparagraphs shall be punished by imprisonment not exceeding two years or by a fine not exceeding three million won: <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4497, Nov. 11, 1992; Act No. 4740, Mar. 16, 1994; Act No. 5128, Dec. 30, 1995; Act No. 5413, Nov. 14, 1997>
1. A person who fails to keep the account books, make a false entry, neglect to report, or make a false report in violation of the provisions of Article 6 (2), 22 (1) through (3), or 24;
2. A person who pays or contributes, or receives, an amount different from the amount recorded on the receipt form or the face value of the receipt of fixed amount in violation of the provisions of Article 7 (7);
3. A person who discloses the serial number of a receipt of fixed amount issued to the supporters’ association, or informs it to other government agencies, without observing such procedures as prescribed by the Acts, in violation of the provisions of Article 7 (8);
4. A person who forces an inspection of a list of members in violation of the provisions of Article 9 (2), or discloses facts he learned in the course of performing his duties in connection with the list of members in violation of the provisions of Article 9 (4);
5. A person who fails to take over the residual property without any justifiable reason, in violation of the provisions of Article 10-3 (3);
6. A person who fails to maintain the account books, detailed statements and receipts in violation of the provisions of Article 23 ;
7. A person who fails to comply with the demand for investigation, confirmation, or submission materials by the election commission, under the provisions of Article 19 (4), 24-2 (3) or 25, without any justifiable reason; and
8. A person who discloses any secret in respect to his duties in violation of the provisions of Article 29.
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 Article 32 (Idem)  
Any person who falls under any of the following subparagraphs, shall be punished by imprisonment not exceeding one year, or by a fine not exceeding two million won: <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4497, Nov. 11, 1992; Act No. 4740, Mar. 16, 1994; Act No. 5413, Nov. 14, 1997>
1. A person who neglects to make a report in violation of the provisions of Article 5 (2), 6 (1), 10 (3) or 22 (3);
2. A person who fails to deliver the receipts using receipt forms produced by the National Election Commission or receipts of fixed amount in violation of the provisions of Article 7 (1) and (2);
3. A person who neglects to apply for registration or for registration of change, or makes a false application in violation of the provisions of Article 8 (1) and (3), 10 (2) or 10-2 (1);
4. A person who uses or manages the accounting of a subsidy in violation of the provisions of Article 19 ; and
5. A person who makes any contribution, or fails to revert any surplus to the National Treasury, in violation of the provisions of Article 6-2 (3) and (4).
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 Article 33 (Idem)  
In the case as referred to in subparagraph 1 of Article 31, if the representative of a political party or the supporters’ association or a member of, or candidate for, the National Assembly who has organized a supporters’ association neglects to exercise his due diligence in selecting and supervising the person in charge of accounting, he shall be punished by a fine not exceeding one million won. <Amended by Act No. 4186, Dec. 30, 1989; Act No. 4463, Dec. 31, 1991>
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 Article 34 (Enforcement Regulations)  
Matters necessary for the enforcement of this Act shall be prescribed by the Regulations of the National Election Commission. <Amended by Act No. 4740, Mar. 16, 1994>
ADDENDA
(1) (Enforcement Date) This Act shall enter into force on the date of its promulgation.
(2) (Transitional Measures) Any political funds deposited with the National Election Commission at the time of the enforcement of this Act, shall be deemed to have been deposited under this Act.
(3) (Idem) The allocation ratio of the political funds shall be based on the ratio of the number of district parties of a political party registered with the National Election Commission at the time of disbursement thereof, notwithstanding the provisions of Articles 15 (1) and 18, until the day before the date of the first session of the National Assembly to be formed by the general election for members of the National Assembly held for the first time after the enforcement of this Act, but the timing for disbursement, procedures and other necessary matters may be prescribed by the Presidential Decree.
(4) (Idem) A supporters’ association shall, notwithstanding the provisions of Article 7, not collect money and other valuables until completion of the presidential election and general election for members of the National Assembly to be held for the first time after the enforcement of this Act.
ADDENDA<Act No. 4186, Dec. 30, 1989>
(1) (Enforcement Date) This Act shall enter into force on the date of its promulgation.
(2) (Transitional Measures) Political funds deposited with the National Election Commission at the time of the enforcement of this Act, shall be allocated and disbursed under the previous provisions.
(3) (Transitional Measures) Permission to raise money and other valuables by a supporters’ association, granted at the time of the enforcement of this Act, shall be deemed to be reported under this Act.
(4) (Appropriation for Subsidy in Budget) The subsidy as referred to in Article 17 (1) shall be appropriated commencing with the budget for 1990.
ADDENDA<Act No. 4463, Dec. 31, 1991>
(1) (Enforcement Date) This Act shall enter into force on the date of its promulgation.
(2) (Transitional Measures concerning Supporters’ Association) If a member of the National Assembly and a district party in which such member of the National Assembly is its representative, have all organized a supporters’ association, either the member of the National Assembly or the district party shall withdraw a designation for the relevant supporters’ association within fourteen days from the enforcement date of this Act.
(3) (Transitional Measures concerning Deposit Money) Any political funds deposited in the National Election Commission at the time when this Act enters into force, shall be allocated and disbursed under the previous provisions.
(4) (Appropriation for Subsidy in Budget) The subsidy as referred to in the revised provisions of Article 17 (1), shall be appropriated commencing with the budget for 1992.
ADDENDUM<Act No. 4497, Nov. 11, 1992>
This Act shall enter into force on the date of its promulgation.
ADDENDA<Act No. 4740, Mar. 16, 1994>
(1) (Enforcement Date) This Act shall enter into force on the date of its promulgation: Provided, That the revised provisions of Article 7 shall enter into force thirty days after this Act is promulgated.
(2) (Transitional Measures concerning Raising of Money and Other Valuables by Supporters’ Association) Any report on the raising of money and other valuables by the supporters’ association to the election commission, at the time when this Act enters into force, shall be considered as a report made under this Act.
(3) (Transitional Measures concerning Election to be Held due to Expiration of Term) In application of this Act, any election for the heads of local governments held for the first time after this Act enters into force, shall be considered as an election held due to the expiration of their term.
ADDENDUM<Act No. 5128, Dec. 30, 1995>
This Act shall enter into force on the date of its promulgation.
ADDENDUM<Act No. 5261, Jan. 13, 1997>
This Act shall enter into force on the date of its promulgation: Provided, That the revised provisions of Article 7 shall enter into force thirty days after the date of its promulgation.
ADDENDUM<Act No. 5413, Nov. 14, 1997>
This Act shall enter into force on the date of its promulgation: Provided, That the revised provisions of Article 19 (2) shall enter into force on January 1, 1998.
ADDENDUM<Act No. 6270, Feb. 16, 2000>
This Act shall enter into force on the date of its promulgation.
ADDENDA<Act No. 6516, Sep. 27, 2001>
(1) (Enforcement Date) This Act shall enter into force two months after the date of its promulgation.
(2) and (3) Omitted.
ADDENDUM<Act No. 6662, Mar. 7, 2002>
This Act shall enter into force on the date of its promulgation: Provided, That the amended provisions of Article 17-2 shall enter into force on January 1, 2003.

Last updated : 2009-07-26