Meaning of fundraising contribution
200 Meaning of fundraising contribution
A fundraising contribution means an amount paid by a person as a contribution, entry fee or other payment to entitle that person or another person to participate in or otherwise obtain a benefit from a fundraising or other venture or function.
Without limiting subsection (1), a fundraising contribution includes—
an amount paid for a ticket in a raffle; and
an amount paid for an item at a fundraising auction.
An amount mentioned in subsection (1) is a fundraising contribution whether or not the venture or function to which the payment relates raises funds for an entity.
A fundraising contribution does not include an amount that relates to the venture or function that is paid under a sponsorship arrangement.
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.