To provide for, and regulate, the public and private funding of political parties, in particular; the establishment and management of Funds to fund represented political parties sufficiently; to prohibit certain donations made directly to political parties; to regulate disclosure of donations accepted; to determine the duties of political parties in respect of funding; to provide for powers and duties of the Commission; to provide for administrative fines; to create offences and penalties; to repeal the Public Funding of Represented Political Parties Act, 1997, and provide for transitional matters; and to provide for related matters.