{"id":"sr:veterans-patriotic-funds-regulations-2017","name":"Veterans (Patriotic Funds) Regulations 2017","slug":"veterans-patriotic-funds-regulations-2017","collection":"regulation","jurisdiction":"vic","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":181334,"registerId":"vic-sr:veterans-patriotic-funds-regulations-2017-current","compilationNumber":null,"startDate":"2026-04-05","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Veterans (Patriotic Funds) Regulations 2017","content":"Version No. 001\n\n**Veterans (Patriotic Funds) Regulations 2017**\n\n**S.R. No. 107/2017**\n\nVersion as at  \n1 November 2017\n\n**TABLE OF PROVISIONS**\n\n*Regulation Page*\n\n1 Objectives 1\n\n2 Authorising provision 1\n\n3 Revocation 1\n\n4 Commencement 1\n\n5 Definition 1\n\n6 Prescribed class of patriotic fund 2\n\n7 Prescribed time period 2\n\n═════════════\n\nEndnotes 3\n\n1 General information 3\n\n2 Table of Amendments 5\n\n3 Amendments Not in Operation 6\n\n4 Explanatory details 7\n\n**Version No.** **001**\n\n**Veterans (Patriotic Funds) Regulations 2017**\n\n**S.R. No. 107/2017**\n\nVersion as at  \n1 November 2017\n\n\t1 Objectives\n\nThe objectives of these Regulations are to prescribe—\n\n(a) the class of patriotic fund in respect of which the trustees of a patriotic fund are not required to arrange for the documents specified under section 42(2) of the **Veterans Act 2005** to be duly audited; and\n\n(b) the time period by which any money that is received by, or on behalf of, a patriotic fund must be paid into an ADI.\n\n\t2 Authorising provision\n\nThese Regulations are made under section 86 of the **Veterans Act 2005**.\n\n\t3 Revocation\n\nThe Veterans (Patriotic Funds) Regulations 2008[[1]](#endnote-2) are **revoked**.\n\n\t4 Commencement\n\nThese Regulations come into operation on 1 November 2017.\n\n\t5 Definition\n\nIn these Regulations—\n\n***the Act*** means the **Veterans Act 2005**.\n\n\t6 Prescribed class of patriotic fund\n\nFor the purposes of section 42(3) of the Act, the prescribed class of patriotic fund in respect of which the trustees of a patriotic fund are not required to arrange for the documents specified under section 42(2) of the Act to be duly audited is a patriotic fund with a gross income that does not exceed $10 000 for the year or part of a year ending on—\n\n(a) 30 June; or\n\n(b) a different day specified by the Director.\n\n**Note**\n\nDespite section 42(3) of the Act, section 42(4) of the Act provides that if the documents required to be provided under section 42(2) of the Act relate to the year or part of a year ending on the day of the closing or winding up of the patriotic fund, the documents must be duly audited.\n\n\t7 Prescribed time period\n\nFor the purposes of section 45(1) of the Act, the prescribed time by which monies received by, or on behalf of, the trustees of a patriotic fund must be paid into an ADI is 90 days from the date the money was received by, or on behalf of, the trustees of the patriotic fund.\n\n═════════════\n\nEndnotes\n\n1 General information\n\nSee [www.legislation.vic.gov.au](http://www.legislation.vic.gov.au) for Victorian Bills, Acts and current Versions of legislation and up-to-date legislative information.\n\nThe Veterans (Patriotic Funds) Regulations 2017, S.R. No. 107/2017 were made on 24 October 2017 by the Governor in Council under section 86 of the **Veterans Act 2005**, No. 98/2005 and came into operation on 1 November 2017: regulation 4.\n\nThe Veterans (Patriotic Funds) Regulations 2017 will sunset 10 years after the day of making on 24 October 2027 (see section 5 of the **Subordinate Legislation Act 1994**).\n\nINTERPRETATION OF LEGISLATION ACT 1984 (ILA)\n\nStyle changes\n\nSection 54A of the ILA authorises the making of the style changes set out in Schedule 1 to that Act.\n\nReferences to ILA s. 39B\n\nSidenotes which cite ILA s. 39B refer to section 39B of the ILA which provides that where an undivided regulation, rule or clause of a Schedule is amended by the insertion of one or more subregulations, subrules or subclauses the original regulation, rule or clause becomes subregulation, subrule or subclause (1) and is amended by the insertion of the expression \"(1)\" at the beginning of the original regulation, rule or clause.\n\nInterpretation\n\nAs from 1 January 2001, amendments to section 36 of the ILA have the following effects:\n\n• Headings\n\nAll headings included in a Statutory Rule which is made on or after  \n1 January 2001 form part of that Statutory Rule. Any heading inserted in a Statutory Rule which was made before 1 January 2001, by a Statutory Rule made on or after 1 January 2001, forms part of that Statutory Rule.  \nThis includes headings to Parts, Divisions or Subdivisions in a Schedule; Orders; Parts into which an Order is divided; clauses; regulations; rules; items; tables; columns; examples; diagrams; notes or forms.  \nSee section 36(1A)(2A)(2B).\n\n• Examples, diagrams or notes\n\nAll examples, diagrams or notes included in a Statutory Rule which is made on or after 1 January 2001 form part of that Statutory Rule. Any examples, diagrams or notes inserted in a Statutory Rule which was made before 1 January 2001, by a Statutory Rule made on or after 1 January 2001, form part of that Statutory Rule. See section 36(3A).\n\n• Punctuation\n\nAll punctuation included in a Statutory Rule which is made on or after  \n1 January 2001 forms part of that Statutory Rule. Any punctuation inserted in a Statutory Rule which was made before 1 January 2001, by a Statutory Rule made on or after 1 January 2001, forms part of that Statutory Rule.  \nSee section 36(3B).\n\n• Provision numbers\n\nAll provision numbers included in a Statutory Rule form part of that Statutory Rule, whether inserted in the Statutory Rule before, on or after  \n1 January 2001. Provision numbers include regulation numbers, rule numbers, subregulation numbers, subrule numbers, paragraphs and subparagraphs. See section 36(3C).\n\n• Location of \"legislative items\"\n\nA \"legislative item\" is a penalty, an example or a note. As from 13 October 2004, a legislative item relating to a provision of a Statutory Rule is taken to be at the foot of that provision even if it is preceded or followed by another legislative item that relates to that provision. For example, if a penalty at the foot of a provision is followed by a note, both of these legislative items will be regarded as being at the foot of that provision. See section 36B.\n\n• Other material\n\nAny explanatory memorandum, table of provisions, endnotes, index and other material printed after the Endnotes does not form part of a Statutory Rule. See section 36(3)(3D)(3E).\n\n2 Table of Amendments\n\nThere are no amendments made to the Veterans (Patriotic Funds) Regulations 2017 by statutory rules, subordinate instruments and Acts.\n\n3 Amendments Not in Operation\n\nThere are no amendments which were Not in Operation at the date of this publication.\n\n4 Explanatory details\n\n1. Reg. 3: S.R. No. 19/2008. [↑](#endnote-ref-2)","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"The regulations remain tightly focused on their original purpose: prescribing specific operational details (audit exemptions and banking timeframes) for patriotic funds under the Veterans Act 2005. The 2017 version simply updates the 2008 regulations without expanding scope."},"complexity_factors":["Only 7 regulations total, spanning 2 pages of substantive content","Single defined term ('the Act')","No cross-references between regulations (only references to parent Act)","Simple conditional logic: one threshold test ($10,000 income) with one explicit exception (winding up)","Straightforward time period calculation (90 days from receipt)","No nested exceptions or layered definitions"],"plain_english_summary":"**What this legislation does:**\n\nThese regulations set two simple rules for **patriotic funds** in Victoria — these are charitable funds set up to support veterans and their families.\n\n**Who it affects:**\n- **Trustees** (the people managing) of patriotic funds\n- **Small patriotic funds** with low income (under $10,000 per year)\n\n**The two main rules:**\n\n1. **Audit exemption for small funds**: If a patriotic fund earns $10,000 or less in a year, the trustees don't have to get their financial documents audited. (An **audit** is an independent check of financial records by an accountant to make sure everything is correct.) However, there's an exception — even small funds must get an audit if they're closing down or winding up.\n\n2. **Banking deadline**: When a patriotic fund receives money, the trustees must deposit it into an **ADI** (an **Authorised Deposit-taking Institution** — basically a bank, building society, or credit union) within **90 days** of receiving it.\n\n**Why it matters:**\nThese rules reduce red tape for small volunteer-run funds while ensuring larger funds remain properly accountable. The 90-day banking rule helps prevent money from sitting around unsecured or being misused."},"issue_detection":{"absurdities":[],"contradictions":[]},"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"},"summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"Based on the available text, there is no evidence of scope change from the regulation's original intent. The regulation appears to be a straightforward consolidation maintaining its original purpose of governing patriotic funds for veterans. However, the extremely limited text provided makes a definitive scope assessment impossible."},"complexity_factors":["Extremely limited substantive text was provided — only metadata, version history, and status information were available for analysis","Patriotic Funds as a legal concept is somewhat niche and historically specific, adding minor complexity","Regulations (as opposed to primary Acts) are typically narrower and more procedural in nature, keeping complexity low","No complex cross-references, definitions, or multi-stage legal tests were visible in the provided text"],"plain_english_summary":"The Veterans (Patriotic Funds) Regulations 2017 set out how patriotic funds — community-raised trust funds for veterans, their families and dependants — are to be run and overseen in Victoria. They affect fund administrators, donors and intended beneficiaries by imposing registration, administration and accountability rules to help ensure donated money is properly managed and used for veterans’ welfare."},"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":true,"description":"These Regulations revoke the 2008 Regulations and replace them with a narrowly defined audit exemption (funds with gross income ≤ $10,000) and a 90‑day rule for depositing received monies into an ADI (regs 3,6–7). The instrument therefore changes the regulatory instruments in force; the text does not contain the 2008 Regulations for a paragraph‑by‑paragraph comparison, so assessment is limited to the fact of revocation and the new thresholds and timings now prescribed."},"complexity_factors":["Narrow, prescriptive thresholds (gross income cap of $10,000) reduce legal uncertainty but create a bright‑line test (reg 6).","Cross‑references to the Veterans Act (ss.42 and 45) require reading both instruments to understand audit and deposit duties (regs 6–7).","Directorial discretion to specify a different year‑end for the income test introduces administrative flexibility and some regulatory uncertainty (reg 6).","Explicit exception where winding up triggers audit under s.42(4) creates a conditional rule that must be checked on closure (reg 6 note).","Revocation of the 2008 Regulations means the regulatory baseline changed and implementation depends on transitional practice (reg 3).","Operational detail (definition of ADI, timing, and calculation of 'gross income' for part‑years) is left to interpretation against other law and practice (reg 7 and endnotes)."],"plain_english_summary":"These Regulations set two narrow administrative rules for patriotic funds: trustees of funds with gross income not exceeding $10,000 are exempt from arranging a formal audit of the annual documents (reg 6), and any money received by a fund must be paid into an authorised deposit‑taking institution within 90 days (reg 7). They also revoke the 2008 Regulations and allow the Director to specify a different year‑end for the $10,000 test (regs 3,6). The main effects fall on trustees (audit and cash‑management costs) and on fund administration."}},"importantCases":[],"_links":{"self":"/api/acts/veterans-patriotic-funds-regulations-2017","history":"/api/acts/veterans-patriotic-funds-regulations-2017/history","analysis":"/api/acts/veterans-patriotic-funds-regulations-2017/analysis","conflicts":"/api/acts/veterans-patriotic-funds-regulations-2017/conflicts","importantCases":"/api/acts/veterans-patriotic-funds-regulations-2017/important-cases","documents":"/api/acts/veterans-patriotic-funds-regulations-2017/documents"}}