The Icelandic Research Fund Handbook for Applicants, Expert Panels, and External Reviewers, 2d edition, 2017

From pp. 3-4, section 2.3: "According to the Act on Public Support for Scientific Research no. 3/2003 with later amendments, results of research funded by public funds shall be published in open access, unless otherwise agreed upon. Researchers who receive funding from IRF [Icelandic Research Fund] must guarantee that their research findings will be available through open access. Researchers may either publish in open access journals, or in open searchable, digital repositories along with publication in a traditional subscription journal 5 . The final peer reviewed manuscript shall be returned to the repository immediately after the article has been accepted for publication. If the journal demands a waiting period prior to open access, the grantee shall upon submission of manuscript to repository specify that the article shall be made available for public access automatically when the waiting period expires. The rules on open access currently only apply to peer-reviewed texts published in scientific journals...."