At least in the United States, the donors have to declare their contributions. The repeal of the Electoral Finance Act means that Alan Timothy Gibbs of Kaukapakapa will no longer have to declare $200,000 in donations to Act last year, nor will new Act list MP John Boscawen have to reveal he stumped up $100,000. Ditto the rich horse industry brothers Peter and Philip Vela, who gave last-minute donations of $100,000 to Labour and New Zealand First.
Wrong, wrong, wrong. The Government announced last year that the donation transparency provisions of the EFA would be retained in the Electoral Act. This has been confirmed on multiple occasions since, and is well known and understood. That is part of the reason why the repeal maybe backed by every MP in Parliament.