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{
    "id": 657896,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/657896/?format=api",
    "text_counter": 64,
    "type": "speech",
    "speaker_name": "Hon. Speaker",
    "speaker_title": "",
    "speaker": null,
    "content": "Public Funding of Represented Political Parties Act 103 of 1997 and the amounts allocated to each party are publicly available through the Electoral Commission. Every political party to which monies are allocated from the Fund must keep, with a bank registered in the Republic of South Africa, a separate banking account into which all monies so allocated to the party must be deposited; and appoint an office-bearer or official of that party as its accounting officer with regard to all monies from time to time allocated to that party from the Fund. As soon as possible after the end of each financial year, the Electoral Commission prepares a report regarding its management and administration of the Fund during that financial year, the allocations made from the Fund to the respective political parties during that year, the amounts spent during that year by each political party in connection with prescribed purposes, and the balance of the Fund and any amounts owing to or by the Fund as at the end of that year. This report is also submitted to the Auditor-General for auditing. Within 30 days after receipt of the Auditor-General's report, the Electoral Commission must submit that report to parliament together with the audited financial statements of the Fund and the audited Commission's report."
}