AUSTRALIAN CONSUMER LAW AND FAIR TRADING ACT 2012 (NO. 21 OF 2012) - SECT 86 Exemption for activities with a community purpose
AUSTRALIAN CONSUMER LAW AND FAIR TRADING ACT 2012 (NO. 21 OF 2012) - SECT 86
Exemption for activities with a community purpose(1) A person does not act as an introduction agent by carrying out an activity if—
(a) the activity is carried out for a community purpose; and
(b) the net proceeds from the activity are solely applied (or to be applied) to furthering that purpose.
(2) In this section, "community purpose" means—
(a) a philanthropic or benevolent purpose (including the promotion of art, culture, science, religion, education, medicine or charity); or
(b) a sporting or recreational purpose (including the benefiting of any sporting or recreational club or association).