Enforcement Rules of the Charity Donations Destined for Social Welfare Funds Implementation Regulations Article 8

All solicited donation funds must be deposited into “special designated accounts” (as stipulated therein Article 13 of The Rules) on a monthly basis. However, in full accordance with the “National Treasury Act” & the “Government Treasury Act”, all solicited donation funds can be directly deposited into the destined recipient bank account.All charitable organizations must strictly abide by the regulatory basis of “funds collected for purpose - spent for purpose”. Detailed accounting statements must be kept-on-files concerning revenues & expenditure.