CAPE TOWN - Ten political parties in Parliament have petitioned the president over the Electoral Matters Amendment Bill passed by the National Council of Provinces last week.It will give the president the power to determine a new threshold for declaring donations and set the limit for such donations.While the Electoral Matters Amendment Bill was intended to make it mandatory for independent candidates to also declare their funding - it’s gone much further.
It reverts to the funding formula used before the Political Party Funding Act came into being - to determine how State funds will be allocated between parties.
"If this bill proceeds, the ANC will show South Africans that it’s willing to forego any values and principles in the pursuit of staying in power," said IFP's chief whip Narend Singh. The parties are calling on the president to refer the substantive amendments in the bill back to Parliament for reconsideration after the elections.
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