PUBLIC FUNDING OF REPRESENTED POLITICAL PARTIES AMENDMENT BILL
Private Members Bill Submitted in terms of Section 73 (2)Read with Section 76 (1) of the Constitution
MEMORANDUM
Notice is hereby given of the introduction of a Private Members Bill in terms of Section 73(2) read with Section 76(1) of the Constitution. In terms of Rule 234 (read with rule 230(1), a member must submit to the Speaker a memorandum which:-
The Honourable Speaker is requested to deal with this Bill in terms of Section 235 of the National Assembly Rules.
A. PARTICULARS OF PROPOSED LEGISLATION
Public Funding of Represented Political Parties Amendment Bill
To amend Public Funding of Represented Political Parties Act No. 103 of 1997 to provide for the regulation of donations to political parties; and to provide for matters connected therewith or incidental thereto.
6(1)(c) not accept any donation from any foreign government;
6(1)(d) not accept any donation from any other foreign or domestic source which is anonymous if the amount in one financial year from that source exceeds R50 000; and
6(1)(e) declare the name and address of any donor whose donation in one financial year exceeds R50 000.
"and declare the names and addresses of the donors and the amount of all donations exceeding R50 000, including the total amount in excess of R50 000 received from a donor in the financial year concerned"
"a report in respect of each political party disclosing the declaration by each in terms of Section 6(1)(e)"
a date that will be determined by the President by proclamation in the Gazette.
B. THE OBJECTS OF THE PROPOSED LEGISLATION
The intended Bill has as object -
C. FINANCIAL IMPLICATIONS
The Legislation will have no financial implications.
Name of Member: DOUGLAS HARVEY MONRO GIBSON
Signature: ..
Date: 27 June 2002 .. ..