National Election Commission Regulations.
Article 122 (Public Announcement of Restricted Amount of Election Expenses)
Each constituency election commission shall publicly announce the restricted amount of election expenses
which have been computed for each election under Article 121, under conditions stipulated by the
National Election Commission Regulations.
Article 122-2 (Filling of Election Expenses)
(1) In accordance with the following provisions, the constituency election commission shall, after the
election day, replenish the election expenses (referring to the election expenses deemed to have been
lawfully paid, which are stated in the accounting report that is submitted pursuant to Article 40 of the
Political Funds Act) paid by a candidate (referring to a party-nominated candidate in a presidential
election and a party that nominates its candidate in an election of proportional representation members of
the National Assembly or in an election of proportional representation members of local councils;
hereafter in this Article, the same shall apply) for the election campaign under this Act, at the expenses of
the State in a presidential election and a National Assembly election, and at the expenses of relevant local
governments in the election of local council members and the heads of local governments, within the limit
of expenses publicly announced under Article 122: <Amended on Mar. 12, 2004; Aug. 4, 2005>
1. A presidential election, an election of constituency members of the National Assembly, an election of
constituency members of local councils and an election of the heads of local governments:
(a) Where a candidate has been elected or deceased, or where the number of votes obtained by a
candidate has been 15/100 or more of the total number of valid ballots:
Whole amount of election expenses paid by a candidate;
(b) Where the number of votes obtained by a candidate has been not less than 10/100 but less than
15/100 of the total number of valid ballots:
Amounts equivalent to 50/100 of election expenses paid by a candidate;
2. An election of proportional representation members of the National Assembly and an election of
proportional representation members of local councils:
Whole amount of election expenses paid by the relevant political party where there is an elected
candidate, from among the candidates listed in the candidates roster.
(2) The following expenses shall not be replenished in the replenishment of the election expenses provided
for in paragraph (1): <Newly Inserted on Aug. 4, 2005; Jan. 25, 2010; Jul. 28, 2011>
1. Election expenses spent by preliminary candidates;
2. Expenses that are not reported or falsely reported in the accounting report that is submitted pursuant
to Article 40 of the Political Funds Act;
3. Expenses that are spent to wage the election campaign that violates this Act or the regulations for the
restriction on contribution act;
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