23. Is there a ban on political parties engaging in commercial activities?

Public funding is granted to support operational activities of political parties. According to the political parties interviewed at the time of the GET’s visit, public funding constituted some 60% to 90% of their revenue. Party subsidies may thus not be used for any commercial or private purpose.

GRECO (2008), Evaluation Report on Iceland - Transparency of Party Funding (Theme II), p.4.