Victorian Consolidated Legislation

Fundraising Act 1998 - SECT 24B

Bankruptcy, convictions etc. to be notified

24B. Bankruptcy, convictions etc. to be notified



(1) In this section, a notifiable event occurs if at any time after a
registered fundraiser is registered, or has her or his registration renewed-

   (a)  she or he, or an appeal manager of the appeal-

   (i)  becomes an insolvent under administration or an
        externally-administered body corporate; or

   (ii) is found guilty of a disqualifying offence; or

   (iii) becomes a represented person within the meaning of the
        Guardianship and Administration Act 1986;

   (b)  one of her or his associates-

   (i)  becomes an insolvent under administration or an
        externally-administered body corporate; or

   (ii) is found guilty of a disqualifying offence;

   (c)  she or he becomes associated with an associate who-

   (i)  is an insolvent under administration or is an externally-administered
        body corporate; or

   (ii) has been found guilty of a disqualifying offence.

(2) The registered fundraiser must notify the Director in writing of the
occurrence of a notifiable event-

   (a)  within 28 days after the occurrence of the event; or

   (b)  if the registered fundraiser only becomes aware of the occurrence of a
        notifiable eventdescribed in subsection (1)(a) in relation to an
        appeal manager, or in subsection (1)(b), after it occurs, within 28
        days after becoming aware that the event has occurred.

Penalty: In the case of a corporation, 240 penalty units. In any other case,
120 penalty units or imprisonment for 12 months or both.