10
CurrentSpecified associations
10 Specified associations
Without limiting the generality of section 50(b) of the Act or the discretion of the Treasurer or any trustee appointed under regulation 9 in applying funds from the trust account, funds from the trust account may be applied to a non-profit making association the activities of which are charitable, benevolent or philanthropic and are of benefit to the community, notwithstanding that the activities of or the benefits derived from the association are not restricted to a local area.
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