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FUNDRAISING ACT 1998 - SECT 24B Bankruptcy, convictions etc. to be notified

FUNDRAISING ACT 1998 - SECT 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

S. 24B(1)(a)(iii) amended by No. 13/2019 s. 221(Sch.  1 item 17).

              (iii)     becomes a represented person within the meaning of the Guardianship and Administration Act 2019 ;

        (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 event described 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.

S. 24C inserted by No. 70/2001 s. 10.