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Charitable Trusts Act 1957

Schemes in respect of charitable funds raised by voluntary contribution

42: Contributor or money holder may proceed under this Part

You could also call this:

“People who donate to or hold money for charities can use this part of the law”

If you have given money or goods for a charitable purpose, or if you are holding or looking after money for that purpose, you can take action under this part of the law. This also applies if you’re holding money from ticket sales for a charity event or any other voluntary payments for the charity.

If the group holding the money is a company or organisation, they can choose someone to act for them under this part of the law. The law will treat this person as if they were the one holding the money themselves.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM309973.

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41: Extension of powers or alteration of mode of administration of trust, or

"Changing how charity money is managed when it's difficult"

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43: Convening meeting of contributors, or

"Rules for calling a meeting of people who donated to a charity"

Part 4 Schemes in respect of charitable funds raised by voluntary contribution

42Contributor or money holder may proceed under this Part

  1. In any case to which section 40 or section 41 applies, any contributor of money raised for the charitable purpose or of goods sold to provide money for that purpose, or any holder or trustee of any such money or of any money received as the price of admission to any entertainment or paid in any other voluntary manner for that purpose, may proceed in the manner hereafter set out in this Part.

  2. In any case where the holder or trustee of any money to which this section applies is an incorporated body of persons, that body may appoint any person to proceed on its behalf under this Part, and the provisions of this Part shall apply to the person so appointed as if he were the holder or trustee of the money.

Compare
  • 1908 No 164 s 34