The water and sewerage rebate is available on certain properties used by charitable and not-for-profit organisations.
What is a charitable organisation?
A charitable organisation is one whose sole purpose is one of the following:
- Providing relief of poverty.
- Advancement of education.
- Advancement of religion.
- Other purposes beneficial to the public.
The organisation must be established for the benefit of the community or an appreciable section of the community. It must also have a constitution, rules or trust deed demonstrating all of the following:
- Its main objectives are exclusively a charitable purpose as listed above. Any other objectives or activities must be supportive and related to its main objectives or minor in nature.
- No private benefit can be conferred to owners, officers or members. Any profits are directed back into the organisation to continue its objective.
- There can be no distribution of assets to members in the event of a winding-up.
What is a not-for-profit (NFP) organisation?
A NFP is an organisation using its profits to promote its objectives and one which prohibits the payment of any dividend or amount to its members.
It must have a winding-up clause ensuring that, upon winding-up, the assets pass to another eligible organisation and cannot be distributed to members of either organisation.