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Fund-raising Act, 1978 (Act No. 107 of 1978)

Regulations

Regulations made under the Fundraising Act, 1978

5. Conditions of Authorities, Temporary Authorities and Branch Certificates Granted or Issued under the Act

 

It shall be a condition of every authority, temporary authority or registration certificate granted or issued under the Act—

(a) that such authority, temporary authority or registration certificate shall not be transferable;
(b) that contributions shall be collected under or by virtue thereof only for the purposes and in the area and in the name of the fund-raising organisation, registered branch or holder specified in such authority, temporary authority or registration certificate;
(c) that the fund raising organisation, registered branch or holder to which or to whom it has been granted or issued shall—
(i) forthwith deposit to the credit of such fundraising organisation, registered branch or holder in an account which it or he shall open with a banking institution or building society in the Republic or the Post Office Savings Bank, all moneys, including anything that can be exchanged for or converted into money, received by it;
(ii) except in the case of a holder who is not an organisation, keep minutes of the proceedings of any meeting held by such fund-raising organisation, registered branch or holder;
(iii) accept service of any notice in terms of the Act or these regulations at its or his registered address;
(d) that the reference number assigned to and endorsed on such authority, temporary authority or registration certificate by or on behalf of the Director shall be displayed in a prominent position on every document relating to the collection of contributions, including any advertisement, emanating or purporting to emanate from the fundraising organisation, registered branch or holder to which or to whom such authority, temporary authority or registration certificate has been granted or issued or from any organisation or person purporting to act for or on behalf of such fund-raising organisation, registered branch or holder;
(e) that all records relating to the financial transactions of the fund-raising organisation, registered branch or holder concerned shall be preserved for a period of not less than three years;
(f) that the fund-raising organisation, registered branch or organisation concerned holding a temporary authority shall keep an up-to-date list of the names and addresses of the members of its management.