Commercial activity restrictions require registered non-profit organisations to link activities to objectives and maintain separate books of account. Section 345 permits commercial activities by registered non-profit organisations only when the activity is incidental to attaining their stated objectives ... Summary
Commercial activity restrictions require registered non-profit organisations to link activities to objectives and maintain separate books of account.
Section 345 permits commercial activities by registered non-profit organisations only when the activity is incidental to attaining their stated objectives and separate books of account are maintained. Both requirements are cumulative: an unrelated commercial undertaking fails the incidental-activity test, while failure to maintain distinct accounts independently prevents compliance. Organisations covered by section 346 are excluded and are subject to a separate regime for general public utility objects, including an additional receipts ceiling.
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