sec.34Dealing with amounts collected

sec.34 Dealing with amounts collected

A charity or association must ensure that— amounts collected from an appeal for support are, as soon as practicable, paid to the credit of a separate account at a financial institution in the name of the charity or association; and amounts payable to any person for commission, expenses or otherwise relating to the appeal for support are paid from the amounts collected by cheque drawn on, or electronic funds transfer from, the separate account; and a cheque mentioned in paragraph (b) is signed by at least 2 persons who are authorised in writing by the governing body of the charity or association for which the appeal for support is made to sign cheques from the separate account. Maximum penalty—6 penalty units. Subsection (1) does not apply to an appeal for support if— the charity or association has, under section 33 , entered into a written agreement in relation to the appeal with a person; and the person undertakes responsibility for providing any benefit, including the payment of expenses, offered to a contributor of an amount to the appeal; and the agreement does not state that the amounts collected because of the appeal are to be paid to the charity’s or association’s separate account. (sec.34-ssec.1) A charity or association must ensure that— amounts collected from an appeal for support are, as soon as practicable, paid to the credit of a separate account at a financial institution in the name of the charity or association; and amounts payable to any person for commission, expenses or otherwise relating to the appeal for support are paid from the amounts collected by cheque drawn on, or electronic funds transfer from, the separate account; and a cheque mentioned in paragraph (b) is signed by at least 2 persons who are authorised in writing by the governing body of the charity or association for which the appeal for support is made to sign cheques from the separate account. Maximum penalty—6 penalty units. (sec.34-ssec.2) Subsection (1) does not apply to an appeal for support if— the charity or association has, under section 33 , entered into a written agreement in relation to the appeal with a person; and the person undertakes responsibility for providing any benefit, including the payment of expenses, offered to a contributor of an amount to the appeal; and the agreement does not state that the amounts collected because of the appeal are to be paid to the charity’s or association’s separate account.

• (a) amounts collected from an appeal for support are, as soon as practicable, paid to the credit of a separate account at a financial institution in the name of the charity or association; and
• (b) amounts payable to any person for commission, expenses or otherwise relating to the appeal for support are paid from the amounts collected by cheque drawn on, or electronic funds transfer from, the separate account; and