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(1) The State subsidy shall be granted annually in four equal parts from the central budget for financing political parties or coalitions, which possess legitimate registration with the CEC, have participated in the previous parliamentary elections, and which have candidates that have been elected.
(2) The total sum provided for in the budget shall be allotted in proportion to the number of valid votes received by each party or coalition.
(3) The state subsidy granted to each coalition under paragraph 1 is distributed between its participating parties in accordance with the coalition agreement. In the absence of a coalition agreement or a change in the membership of the parliamentary groups of the political parties or coalitions formed as a result of the last parliamentary elections, the state subsidy is distributed by being awarded to the political parties determined before the parliamentary elections, which have judicial registration and have formed a parliamentary group, or to political parties to which independent MPs have declared their allegiance. The Ministry of Finance transfers the parts of the subsidy for each party to the bank account indicated by the party.
(4) Where a party participates also in a coalition it receives the State subsidy only as a member of the coalition.