7.1

(1) State budget financing shall be granted to a political organisation (party) for which more than two percent of voters have voted in the previous Saeima elections, in the amount of LVL 0,50 in a calendar year for each vote acquired.

(2) State budget financing shall be granted for four years and paid commencing from the next calendar year after the Saeima elections. Payments shall be performed four times a year - until 15 January, 15 April, 15 July and 15 October.
(3) If extraordinary Saeima elections are taking place, State budget financing shall be granted for the term of office of the newly-elected Saeima, in this time period also including the last quarter of the calendar year in which the term of office of the relevant Saeima expired. Disbursement of State budget financing shall be commenced from the quarter of the calendar year following the approval of the results from the counting of the votes and shall be performed in compliance with the conditions specified in the second sentence of Paragraph two of this Section.
[10 June 2010 law edition come on force July 14 2010]