The EFF is the only party to reject the Political Funding Bill

The EFF is the only party to reject the Political Funding Bill

- The Economic Freedom Fighters are the only party opposing the Political Funding Bill

- Julius Malema's party says it welcomed the bill but disagreed with the wording in some sections

- The bill seeks to end secrecy surrounding private donations to political parties

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Although the DA had criticised the Political Funding Bill, the EFF was the only party to openly reject it.

Julius Malema's party said they welcomed the bill, but added they felt the wording in some clauses should be changed.

The National Assembly approved the bill on Tuesday, which aims to make private donations to political parties more transparent.

Once it becomes law, the bill would act as a multi-party democracy fund, which would be managed by the Independent Electoral Commission.

"This bill further legislates the ANC's call that public allocations should go only to parties that publish comprehensive audited financial statements on an annual basis covering all transactions. This clause therefore subjects political parties to provisions that ordinarily face other public institutions in a democratic society, and once the bill is passed political parties will have to disclose their sources of income to the Independent Electoral Commission (IEC)," the ANC said in a statement.

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The ANC has praised the bill to be 'historic', with most other parties backing it. But, the EFF has raised their issues with the regulatory law.

Taking to social media, the party listed "section 10" as the reason they rejected the bill.

"No person or entity may deliver a donation to a member of a political party other than for party political purposes", the section read.

HuffPost reported the EFF treasurer-general, Leigh-Ann Mathys, spoke to eNCA on why they rejected section 10 and what they felt the wording should be.

"In the spirit of what Section 10 is trying to do, we agree. And we do understand that there are highly placed politicians who use their positions in the party to solicit funds and say that it's for political work and it's not used privately... It should read that no person or entity may deliver a donation made to a political party to a member of that political party," she said.

And, the EFF's supporters agree, one even slammed the person who wrote the section, saying the they probably just made the 30% pass rate.

What are your thoughts on the Political Party Funding Bill, should it be amended as the EFF suggests? Leave us a comment on our Facebook page or inbox us your story and we could feature it.

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