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

Korea, Republic of

Korea, Republic of

Answer
Yes
Source

Political Funds Act (2016)

Comment

Article 40 (Accounting Report) 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;

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