National Assembly adopts political party funding amendment bill
The National Assembly passed the Promotion of Access to Information (PAIA) amendment bill on Wednesday.
The bill will amend the Promotion of Access to Information Act to provide for access to information on the private funding of political parties and independent candidates, according to reports.
The bill now goes to the National Council of Provinces (NCOP) for consideration.
The PAIA was found to be unconstitutional in June 2018 by the Constitutional Court. The apex court gave parliament 18 months — which expires in December — to amend the act.
The bill introduces a new chapter in the act dealing with the publication and availability of political parties’ records of funding.
The accounting officer of a political party or independent candidate will have to keep records of which individuals and organisations donated more than R100,000 in a financial year. Loans and sponsorships must be included. The R100,000 threshold was taken from the Political Party Funding Act.
The records will have to be made public every quarter and held for five years.