50‑5 Object of this Division50‑5 Object of this Division

#### 50‑5 Object of this Division (1) The object of this Division is to give the public (including donors, members and volunteers of registered entities) confidence that: (a) funds sent outside Australia by registered entities: (i) are reaching legitimate beneficiaries; and (ii) are being used for legitimate purposes; and (iii) are not contributing to terrorist, or other criminal, activities; and (b) activities engaged in outside Australia by registered entities are not contributing to terrorist, or other criminal, activities. (2) This Division achieves that object by setting up a system to allow the regulations to specify standards: (a) with which an entity must comply in order to become registered under this Act, and to remain entitled to be registered under this Act; and (b) regulating funds sent outside Australia by registered entities, and activities engaged in outside Australia by registered entities. > Note 1: The main consequence of failure to comply with these standards is a loss of the entity’s entitlement to registration. Such a failure to comply may also result in enforcement action under Chapter 4. > Note 2: For the consequences of registration, see section 20‑5. > Note 3: A registered entity must notify the Commissioner of significant non‑compliance with these standards that results in the entity no longer being entitled to be registered (see section 65‑5).