Victorian Consolidated Legislation

Fundraising Act 1998 - SECT 35A

Court may make orders concerning distribution of appeal assets

35A. Court may make orders concerning distribution of appeal assets



(1) This section applies if-

   (a)  all the intended beneficiaries of a fundraising appeal refuse to
        accept the assets offered to them as a result of the appeal; or

   (b)  all the intended beneficiaries of a fundraising appeal no longer exist
        or cannot be found after all reasonable enquiries have been made; or

   (c)  a question or dispute arises as to how any or all of the assets
        received as a result of a fundraising appeal are to be distributed.

(2) The Director may apply to the Court for an order directing how the assets
are to be distributed.

(3) The Court may make any order concerning the distribution of the assets
that it thinks is appropriate having regard to the stated purpose of the
appeal.

(4) The Court may make any consequential order it thinks is necessary to give
effect to any order that it makes under subsection (3).