reg 12
In forceLawful and proper expenses—Act, s 44 (4)
Part 4Proceeds of collections
12 Lawful and proper expenses—Act, s 44 (4)
The following are lawful and proper expenses for a collection:
(a)
the reasonable expenses incurred by the licensee in—
(i)
conducting and carrying out the collection; and
(ii)
administering and distributing the proceeds of the collection; and
(iii)
complying with the Act; and
(b)
any other expenses stated in the application for the licence for the collection.
Example of other expenses for par (b)
how a commercial fundraisers fee is calculated
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