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FUNDRAISING ACT 1998 - SECT 61A Director may order distribution of assets

FUNDRAISING ACT 1998 - SECT 61A

Director may order distribution of assets

    (1)     This section applies if—

        (a)     the Court orders a person to stop conducting a fundraising appeal under section 34; or

        (b)     the Director deregisters as a fundraiser a person who is conducting a fundraising appeal; or

        (c)     the registration of a person as a fundraiser expires while the person is conducting a fundraising appeal.

    (2)     The Director may order the person to distribute, within the time specified by the Director, any assets received during the course of the appeal to the beneficiaries of the appeal.

    (3)     The order—

        (a)     must be made by written notice given to the person; and

        (b)     must set out the time within which the distribution must be made; and

        (c)     must contain a copy of this section.

    (4)     The person must comply with an order made under this section.

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. 61B inserted by No. 70/2001 s. 18.