Institute of Chartered Accountants says dump the Electoral Finance Bill

The Institute of Chartered Accountants is joining the Law Society and others in calling for the Electoral Finance Bill to be dumped.

"The Institute is deeply concerned that expert advice from the accounting and legal communities has been substantially ignored. Accordingly, we join the New Zealand Law Society in calling for the bill to be dumped," says David Pickens, the Institute's director of government relations and strategic projects.

"The only way a workable solution will be achieved is for the bill to be dumped and redrafted from scratch.

"To proceed in the face of such widespread and considered opposition sets a dangerous precedent. Democracy is too valuable and delicate to allow it to be trampled by such a flawed process."