47. Do political parties have to report regularly on their finances?

Korea, Republic of

Korea, Republic of


"1. The person in charge of accounting of each political party: (a) The year during which the relevant political party does not participate in elections for public office: By February 15 (by January 31 in the case of a City/Do party branch office) of the next year as of December 31 from January 1 of every year;
Article 40, Political Funds Act, 2023"


Political parties must report on their finances.

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