Application of money and property for other charitable purposes
16 Application of money and property for other charitable purposes
Where, in the opinion of the Minister, it is impracticable to apply money or property collected or received pursuant to a licence under this Act or to apply the proceeds of an entertainment conducted pursuant to a licence under this Act for the charitable purpose for which the money or property was collected or received, or to which the proceeds of the entertainment were to be devoted, the Governor may, by proclamation made on the recommendation of the Minister, direct the person, society, body or association concerned to apply the money or property for a similar charitable purpose specified in the proclamation or to give them to another person, society, body or association to be applied for that charitable purpose.
In subsection (1)—
money includes money accruing from investment of money referred to in that subsection.
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