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

Chapter 2 : Funds

6. Allocation and payment of money to represent political party

 

(1) The Commission may allocate money from the Funds to a represented political party only.

 

(2) Any allocation from the Funds must be made to a represented political party in accordance with the prescribed formula.

 

(3) The formula prescribed in subsection (2) must be based on—
(a) in part, an equitable allocation taking into account a weighted scale of representation for an allocation to a represented political party; and
(b) in part, a proportional allocation taking into account the relationship that the number of a represented political party’s representatives in both the National Assembly and the provincial legislatures bears to the sum of the seats in these legislatures.

 

(4) The Commission must apply the formula prescribed in subsection (2) taking into account the number of representatives of each represented political party and the number of seats in the respective legislatures based on the results of the election.

 

(5) The Commission may not take into account any money carried forward in terms of section 13(1) when it determines the allocation of money to a represented political party.

 

(6) Any allocation of money from the Funds to a represented political party ends when the party ceases to be a party with representation as contemplated in subsection (1).

 

(7) The Commission must pay the allocated amounts to each of the represented political parties at prescribed intervals.