Section 14C: Appropriate controls by registered associations
This section is inserted by Act No 9 of 2019, section 16.
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
14C. Appropriate controls by registered associations
A registered association shall –
(a) have appropriate controls in place to ensure that
all funds shall be fully accounted for and shall
be spent in a manner that is consistent with the
objects of the association; and
(b) take reasonable measures to –
(i) confirm the identity, credentials and good
standing of its beneficiaries and associates;
Acts 2019 195
(ii) confirm that its beneficiaries and associates
are not involved with or using the funds
of the association to support terrorists or
terrorist organisations; and
(iii) document the identity of its significant
donors and respect donor confidentiality.
Ask juris about this section Official source
Questions this section answers
- What checks must a registered association do on its donors and beneficiaries?