SOUTH AFRICANS INVITED TO SUBMIT VIEWS ON QUANTUM OF DEPOSITS TO CONTEST 2019 POLLS
PRETORIA– South Africa’s Electoral Commission has invited comment from interested stakeholders including political parties and members of the public on the proposed quantum of election deposits for next year’s national and provincial elections.
The proposed election deposits are 200,000 Rand (about 13,900 US dollars) for parties wishing to contest national elections and 45,000 Ramd for each provincial election contested. The amounts are the same as those used in the 2014 national and provincial elections, the Electoral Commission said in a statement on Tuesday.
A party contesting the national and all provincial elections will be required to deposit 605,000 Rand.
The Electoral Commission said the use of election deposits is common practice around the world as a way to balance the constitutional right to contest elections with the need to obviate frivolity in the electoral contest.
There are currently 262 nationally registered parties. These parties will be in a position to contest elections next year subject to fulfilling the candidate nomination requirements and placing the prescribed election deposits.
Parties receive their deposits back if they win a seat in the National Assembly and/or provincial legislature. Any money from deposits forfeited accrues to the National Revenue Fund, the Electoral Commission said.
A total of 29 political parties contested the national election in 2014. Thirteen of those won seats in the National Assembly, the lower house of Parliament.
The closing date for the submission of comments is Oct 26.
Source: NAM NEWS NETWORK