30. Section 27(3)(b) — return or disposal of donation of money or property

For the purposes of section 27(3)(b), a designated entity (X) must return or dispose of a donation of money or property in accordance with this regulation.

If the identity of the donor is known, X must return the donated money or property to the donor.

If —

the donation is an anonymous donation;

the donation was transmitted by a person on behalf of the donor; and

the identity of that person is known to X,X must return the donated money or property to that person.

If —

the donation is an anonymous donation; (b)the donation was transmitted by a person whose identity is not apparent; and

the donor has, in connection with the donation, used any facility provided by an identifiable financial institution,X must return the donated money or property to that financial institution.

If —

paragraphs (2), (3) and (4) do not apply;

the person to whom the donation is to be returned under paragraph (2), (3) or (4), as the case may be —

refuses to accept the return of the donation; or (ii)cannot be contacted; or

X has spent or dissipated the donation,X must dispose of the donation by paying the competent authority a sum equivalent to the value of the donation.

For the purposes of section 27(3)(b), a designated entity (X) must return or dispose of a donation of money or property in accordance with this regulation.

If the identity of the donor is known, X must return the donated money or property to the donor.

If —

the donation is an anonymous donation;

the donation was transmitted by a person on behalf of the donor; and

the identity of that person is known to X,X must return the donated money or property to that person.

If —

the donation is an anonymous donation; (b)the donation was transmitted by a person whose identity is not apparent; and

the donor has, in connection with the donation, used any facility provided by an identifiable financial institution,X must return the donated money or property to that financial institution.

If —

paragraphs (2), (3) and (4) do not apply;

the person to whom the donation is to be returned under paragraph (2), (3) or (4), as the case may be —

refuses to accept the return of the donation; or (ii)cannot be contacted; or

X has spent or dissipated the donation,X must dispose of the donation by paying the competent authority a sum equivalent to the value of the donation.