Regulatory Alerts2004-12-20 | RG-087RG 87 Charitable schemes and school enrolment deposits
The Australian Securities and Investments Commission issues this guide to outline its policy on providing relief from the fundraising, managed investment, debenture, and licensing provisions of the Corporations Act 2001 to charities and schools. The document details specific exemptions available for groups of charities sponsored by an entity accepted by ASIC, as well as for individual charities that have registered an identification statement. It further instructs applicants that submissions for relief must be made through the ASIC Regulatory Portal starting from 27 July 2020.
Reissued 28 September 2016
This guide sets out our policy on relief from the fundraising, managed investment, debenture and licensing provisions of the Corporations Act 2001 that we may give to charities and schools that wish to raise funds to assist them meet their objectives. It gives guidance on:
our general policy on relief for charities and for school enrolment deposits
what relief is available for groups of charities for which there is a sponsor accepted by ASIC (the ‘group charities’ exemption), and
what relief is available for an individual charity that has registered an identification statement with us (the ‘individual charities’ exemption).
Note: From 27 July 2020, applications for relief should be submitted through the ASIC Regulatory Portal . For more information, see how you apply for relief .
Download RG 87 (PDF 626KB)
Download the Regulation Impact Statement