ACDP MP Cheryllyn Dudley today said that “The ACDP welcomes reports of a civil society campaign to get President Ramaphosa to sign the Political Party Funding Bill this year.
This is in response to reports that the president wants to satisfy himself independently that any legislation brought to him for assent is constitutional.
“The ACDP would like to see the signing of the bill going ahead as soon as possible as the bill provides for the creation of a Multiparty Democracy Fund administered by the IEC to distribute donations equitably among parties is an enormous plus for smaller parties.
“The ACDP would of course, very likely be negatively impacted by any delay in the signing as traditionally founders support governing parties locally and nationally. Funders have found this to be in their best interests. In this regard the ACDP is possibly one of the least likely parties to be relied on to back agenda’s that are not in line with their policy and therefore one of the most disadvantaged when it comes to funding.”
The IEC initially asked the treasury for R46 million to set up a party funding regulator but the treasury agreed to only R20 million.
“For the country we welcome the checks it will place on favors being bought and the potential traps for parties that funding creates”, Dudley said.
ISSUED BY: CHERYLLYN DUDLEY MP
14 December 2018