Iceland - 2006 Party Finance Law

Title Article 3: Contributions to political organisations by the State Treasury
Chapter Chapter 2: Contributions by the State and local authorities to political activities
Article

3

Funds shall be allocated annually from the State Treasury to the activities of political parties who have at least one member elected to Althingi or have received at least 2.5% of the vote in the previous elections, in accordance with the current national budget. The amount shall be allocated in proportion to the number of votes.

Categories - Party finance (Direct public funding)
Source http://www.althingi.is/lagas/137/2006162.html