23Annual returns

#### 23 Annual returns 23 Annual returns > > (1) Within the period of 6 months after the end of each financial year, the holder of an authority is to lodge with the Secretary an annual return that— > > > > > (a) is in a form approved by the Secretary, and > > > > > (b) contains a statement that the return is true and correct, and > > > > > (c) includes the information that is required by the regulations, and > > > > > (d) is accompanied by the documents that are prescribed by the regulations (if any). > > > > Maximum penalty—50 penalty units. > > > (2) If the holder of an authority that contravenes subsection (1) is an unincorporated organisation, each trustee or other person who, at the time of the contravention, was a member of the governing body of the organisation is also guilty of the offence if the trustee or person knowingly authorised or permitted the contravention. > > > (3) For the avoidance of doubt, an annual return must be lodged even if, during the financial year concerned— > > > > > (a) no money, property or other benefits were received by the holder of the authority, or > > > > > (b) no fundraising appeal was conducted by the holder of the authority. > > > (4) The Secretary may, by order in writing, exempt a person or organisation or class of persons or organisations, either unconditionally or subject to conditions, from compliance with a provision of this section. > > > (5) The holder of an authority must not lodge an annual return that is false or misleading in a material particular. > > > > Maximum penalty—200 penalty units. > > > (6) In this section, financial year means— > > > > > (a) in the case of a corporation—the financial year of the corporation fixed in its constituting document (if any), and > > > > > (b) in any other case—the year ending on 30 June. > > **s 23:** Subst 2018 No 64, Sch 1\[23\].