Allocation of parliamentary seats
Only candidates who occupy the uppermost places on each list will be considered as members or deputy members of the Althing for each constituency, i.e. twice as many as were allocated to each list according to the election results (cf. Articles 107 and 108), yet never fewer than three. This is known as the ranking number of the list.
In order to find which of these candidates has been elected, the National Electoral Commission calculates the number of votes for the candidates under consideration according to paragraph 1. A candidate who occupies the 1st place on an unaltered ballot paper, or who is ranked in that place on an altered ballot paper, receives one vote. The candidate who in the same way is in 2nd place receives a fraction of a vote as follows: the denominator is the ranking number, while the numerator is that number reduced by 1. The numerator is then reduced by 1 for each successive place.
The candidate who receives the largest number of votes on each list under paragraph 2 is allocated the 1st seat for the list. The candidate who receives the next highest number of votes is allocated the 2nd seat, and so on, until the allocation of parliamentary seats, and the seats of deputy members of the Althing, is completed. If two or more candidates receive the same number of votes, the order in which they are ranked on the list shall be determined by lot.
Other candidates than those who come under consideration as members or deputy members of Althing according to paragraph 1 keep the seats they occupy on the list of candidates without respect to alterations that have been made to the ballot paper.