Plain language law

New Zealand law explained for everyone

Charitable Trusts Act 1957

Schemes in respect of charitable funds raised by voluntary contribution

49: Contributor may get back money before date fixed for first meeting of contributors

You could also call this:

“You can ask for your donation back before the meeting about changing the charity's purpose”

If someone announces a new purpose for money that was collected for charity, you have a chance to get your contribution back. This can happen after they publish an advertisement or send a notice about the new purpose. You can ask for your money back before the day of the meeting mentioned in the advertisement or notice. You can also ask within a certain time if you get a written notice about it. To get your money back, you need to prove to the person holding the money that you contributed and how much you gave. They will then give you back your contribution or a fair share of what’s left after they’ve paid for reasonable expenses related to the original purpose. Remember, you can’t ask for your money back after the time limit has passed.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM309980.

Topics:
Money and consumer rights > Consumer protection Business > Industry rules
Previous

48: Powers and duties of Attorney-General, or

"The Attorney-General can change, approve, or report on plans for money raised for good causes"

Next

50: Attorney-General or court may dispense with meeting of contributors, or

"Attorney-General or court can change how meetings about charity money are held or skip them if not worth the trouble"

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

49Contributor may get back money before date fixed for first meeting of contributors

  1. In any case where any advertisement has been published or any notice has been given in accordance with this Part specifying a newly proposed charitable purpose for which any money to which this Part applies may be used, any contributor of any part of the money may, at any time after the publication of the advertisement or the giving of the notice and before the day mentioned in the advertisement or notice for the meeting, or at any time within the period fixed by a written notification to that contributor given under subsection (3) of section 50, but not afterwards, demand from that holder the amount of his contribution or a rateable proportion thereof out of the residue left after deductions made for reasonable expenses and expenditure in pursuance of the original purpose and proposals; and, subject to the contributor satisfying the money holder of the fact and amount of his contribution, the money holder shall thereupon pay that amount or proportion to that contributor.

Compare
  • 1908 No 164 s 48
OSZAR »