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Political Party Funding Act, 2018 (Act No. 6 of 2018)

Chapter 2 : Funds

5. Management and administration of Funds

 

(1) The chief executive officer is responsible for the management and administration of the Funds.

 

(2) For each financial year, the Commission must keep records in accordance with the standards of generally recognised accounting practice in respect of each of the Funds, setting out—
(a) all money received or accruing to the Funds;
(b) all allocations and payments made;
(c) all expenditure arising from the allocation of money from the Funds; and
(d) the current record of the capital and liabilities of the Funds during that year.