New Zealand Legislation: Regulations

15 Record-keeping requirements of net proceeds committees that mainly distribute net proceeds to community

• A licence holder must ensure that a net proceeds committee keeps the following records:

  • (a) the date that each grant is made:

  • (b) the name of the grant recipient:

  • (c) the specific purpose of the grant:

  • (d) the amount of the grant:

  • (e) the cheque number or direct debit transaction details relating to the grant.