Political Party Funding Act, 2018 (Act No. 6 of 2018)NoticesMulti-Party Democracy FundNotice No. 440 of 2021 |
Notice No. 440
30 July 2021
GG 44910
Electoral Commission
Multi-Party Democracy Fund
The Electoral Commission hereby gives notice in terms of Regulation 2(1) of the Regulations on Political Party Funding, 2017 that a total amount available for allocation for the period 1 July 2021 until 30 September 2021, to represented political parties, from the Multi-Party Democracy Fund established in terms of the Political Party Funding Act 6 of 2018 is R2 008.24 (Two Thousand and Eight and Twenty-Four Cents).
This amount will, however, not be allocated at this instance to represented political parties as, in terms of Section 26(2) of the Act, read with Regulation 5(3) of the Regulations on Political Party Funding, 2017, the Multi-Party Democracy Fund will only come into effect on “…the day when the money in the Multi-Party Democracy Fund reaches a total of one million rand”.