sec.107AMeaning of fundraising contribution

### sec.107A Meaning of fundraising contribution A fundraising contribution is an amount paid by a person as a contribution, entry fee or other payment to entitle the person or another person to participate in, or otherwise obtain a benefit from, a fundraising or other venture or function. Without limiting subsection (1) , a fundraising contribution includes— an amount paid for a raffle ticket; and an amount paid for an item at a fundraising auction. An amount mentioned in subsection (1) is a fundraising contribution whether or not the venture or function to which the payment relates raises funds for an entity. A fundraising contribution does not include an amount relating to the venture or function that is paid under a sponsorship arrangement. s 107A ins 2019 No. 30 s 223 amd 2023 No. 8 s 21 (sec.107A-ssec.1) A fundraising contribution is an amount paid by a person as a contribution, entry fee or other payment to entitle the person or another person to participate in, or otherwise obtain a benefit from, a fundraising or other venture or function. (sec.107A-ssec.2) Without limiting subsection (1) , a fundraising contribution includes— an amount paid for a raffle ticket; and an amount paid for an item at a fundraising auction. (sec.107A-ssec.3) An amount mentioned in subsection (1) is a fundraising contribution whether or not the venture or function to which the payment relates raises funds for an entity. (sec.107A-ssec.4) A fundraising contribution does not include an amount relating to the venture or function that is paid under a sponsorship arrangement. - (a) an amount paid for a raffle ticket; and - (b) an amount paid for an item at a fundraising auction.