Charities Act 1994
From Wikipedia, the free encyclopedia
| Charities Act | |
|---|---|
| Parliament of Singapore | |
| |
| Enacted by | Parliament of Singapore |
| Enacted | 1 January 1995 |
| Status: In force | |
The Charities Act is a Singapore statute which provides for the registration of charities, the administration of charities and their affairs, the regulation of charities and institutions of a public character, the regulation of fund-raising activities carried on in connection with charities and other institutions and the conduct of fund-raising appeals, and for purposes connected therewith. The Act, which was passed on 1 January 1995, empowers the Commissioner of Charities and Charity Council in overseeing the management and regulation of non-profits on the island.
The Charities Act outlines the rules on governance of non-profits such as:[1]
- Registration
- Deregistration
- Submission of accounts, reports, and other returns
- Fund-raising
Apart from overseeing the functions of charities in Singapore, under Section 27 of the Charities Act, those convicted of offences involving dishonesty or deception are automatically disqualified from being a governing board member, key officer or trustee.[2]