Requirements for Step 2 Establish a Developing Country Relief Fund If your application under OAGDS is approved, then the next step is to establish a public fund. This step is administered by the ATO and any queries related to this step should be directed to the ATO. For clarification on requirements for the developing country relief fund contact ATO Phone: 1300 130 248 (Non-profit information line) Web: Mail: Australian Taxation Office PO BOX 3373 Penrith NSW 2740 The information below is provided by the ATO. ATO Requirements For the Treasurer to declare a public fund to be a developing country relief fund, the fund's documents must confirm that: the fund is governed by a constitution or set of rules from which it is clear that its sole purpose is to provide relief to people in declared developing countries the fund's name reflects the fact that it is a developing country relief fund and that name appears on all receipts issued to donors ATO is informed of any changes within the organisation, reflecting on the operational or financial arrangements of the fund should the fund be wound-up or if their endorsement is revoked, any surplus money or assets are to be transferred to another DGR fund qualifying under the OAGDS. The following list covers the required relief fund clauses. 1. and objects of the relief fund A relief fund must have its own and objects. Clauses governing the establishment and administration of a relief fund can be inserted into an organisation's founding documents or can be contained in a separate document, which should be kept with the founding documents. Sample clause: 'The purpose of the relief fund is to solicit and receive towards the carrying out of the objects of the relief fund.'
Requirements for Step 2 Establish a Developing Country Relief Fund If your application under OAGDS is approved, then the next step is to establish a public fund. This step is administered by the ATO and any queries related to this step should be directed to the ATO. For clarification on requirements for the developing country relief fund contact ATO Phone: 1300 130 248 (Non-profit information line) Web: Mail: Australian Taxation Office PO BOX 3373 Penrith NSW 2740 The information below is provided by the ATO. ATO Requirements For the Treasurer to declare a public fund to be a developing country relief fund, the fund's documents must confirm that: the fund is governed by a constitution or set of rules from which it is clear that its sole purpose is to provide relief to people in declared developing countries the fund's name reflects the fact that it is a developing country relief fund and that name appears on all receipts issued to donors ATO is informed of any changes within the organisation, reflecting on the operational or financial arrangements of the fund should the fund be wound-up or if their endorsement is revoked, any surplus money or assets are to be transferred to another DGR fund qualifying under the OAGDS. The following list covers the required relief fund clauses. 1. and objects of the relief fund A relief fund must have its own and objects. Clauses governing the establishment and administration of a relief fund can be inserted into an organisation's founding documents or can be contained in a separate document, which should be kept with the founding documents. Sample clause: 'The purpose of the relief fund is to solicit and receive towards the carrying out of the objects of the relief fund.'
oagds-guidelines.docx