When will the Political Funding Bill be presented to the Cabinet?

Question

Accepted Answer

The Memorandum on the Proposed Political Funding Bill is Scheduled for Cabinet Presentation Next Month

A memorandum concerning the proposed Political Funding Bill is slated for presentation at the Cabinet meeting next month. This step is crucial for the bill to be subsequently tabled during the October parliamentary sitting. Discussions involving key government bodies, including the National Centre for Governance, Integrity and Anti-Corruption (GIACC) and the Attorney General’s Chambers (AGC), have already taken place to refine policy matters related to the legislation.
Key Policy Matters Under Discussion

Discussions have focused on several critical policy aspects for the proposed bill. These include the establishment of a dedicated entity responsible for regulating political funding, the identification of authorised contributors, and the penalties applicable for offences under the new law. These elements are considered fundamental to the bill's framework for transparent political financing.
Refinement and Drafting Process Underway

Following initial discussions, instructions have been issued for the GIACC to refine these policy matters. Concurrently, the Legal Affairs Division (BHEUU) and the AGC are tasked with preparing an administrative draft of the bill. This drafting process will incorporate feedback gathered from civil society organisations and non-governmental organisations.
International Benchmarking and Alignment

A comparative analysis of similar legislation in other countries is being undertaken to establish a benchmark for the proposed Malaysian law. The intention is to align the new legislation with existing laws governed by the Registrar of Societies (RoS) and the Companies Commission of Malaysia (SSM). This approach aims to ensure consistency and effectiveness within the broader legal framework.

Reading history

Hide →

This history is cleared when the page is closed.

When will the Political Funding Bill be presented to the Cabinet?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends