| (1) | Any money allocated from the Funds to a represented political party or independent representativethat is unspent at the end of the financial year must be shown as a credit balance carried forward to the next financial year in the— |
| (b) | books and records of account contemplated in section 12(2)(c) or section 12A(1)(d). |
[Section 13(1) substituted by section 19(a) of the Electoral Matters Amendment Act, 2024, Notice No. 4790, GG50624, dated 7 May 2024 - Commencement 8 May 2024 by Proclamation 165, GG50628, dated 8 May 2024]
| (2) | If Parliament or a provincial legislature is dissolved in terms of section 50 or section 109 of the Constitution respectively, or when the terms of these legislatures expire, a represented political party or independent representative to whom money has been allocated from the Funds and that fails to obtain representation in any legislature in the next election must— |
| (a) | within 21 days after that election— |
| (i) | close the books and records in respect of those Funds; and |
| (ii) | repay to the Commission the unspent balance of the money allocated to that political party or independent representative; |
| (b) | within three months after that election, submit an audited financial statement of the books and records contemplated in paragraph (a)(i) to the Commission. |
[Section 13(2) substituted by section 19(b) of the Electoral Matters Amendment Act, 2024, Notice No. 4790, GG50624, dated 7 May 2024 - Commencement 8 May 2024 by Proclamation 165, GG50628, dated 8 May 2024]
| (3) | If a vacancy occurs or a member of a political party or an independent representative resigns from Parliament or a provincial legislature, a represented political party or independent representative to whom money has been allocated from the Funds, must— |
| (a) | within 21 days after that vacancy or resignation occurs— |
| (i) | close the books and records in respect of those Funds; and |
| (ii) | repay to the Commission the unspent balance of the money allocated to that political party or independent representative; and |
| (b) | within three months after resignation or after the vacancy occurs, submit an audited financial statement of the books and records contemplated in paragraph (a)(i) to the Commission. |
[Section 13(3) inserted by section 19(c) of the Electoral Matters Amendment Act, 2024, Notice No. 4790, GG50624, dated 7 May 2024 - Commencement 8 May 2024 by Proclamation 165, GG50628, dated 8 May 2024]
