From the Law Commission’s website:
We have commenced work on reforming electoral law. We expect to open a consultation in late 2014. A report with recommendations to Government will be published in summer 2015…
The twin aims of the project are to ensure, first, that electoral laws are presented within a rational, modern legislative framework, governing all elections and referendums under statute; and second, that the law governing the conduct of elections and referendums is modern, simple, and fit for purpose.
More details are on the Law Commission’s website but it’s worth noting that the prime intent is to tidy up the current law rather than create radically different laws. In the Law Commission’s phrase, electoral law is currently “complex, voluminous and fragmented”. The review is intended to tackle that and not to consider “wider policy issues”.