Funding Criteria of The ACT

Funding Criteria of The Akarana Community Trust Limited

The funding criteria of the Company has been shaped by the following factors:

The Gambling Act 2003 The Company, as an operator of gaming machines, is licensed by the Department of Internal Affairs who administer the Gambling Act. The Act allows the Company to raise funds for distribution to authorised purposes as well as applying funds to its own community projects. The Department places many rules and restrictions on how the funds are to be applied for, distributed, and used by recipients. Many of these key rules are included in the notes that are attached to the grant application form. These notes should be read first, in conjunction with the funding criteria in this section before making an application.

The Gambling Act defines an authorised purpose as any of the following:

  • A charitable purpose;
  • A non- commercial purpose that is beneficial to the whole or a section of the community;
  • Promoting, controlling, and conducting race meetings under the Racing Act 2003, including the payment of stakes.

The Akarana Community Trust Limited Authorised Purpose Statement

The Akarana Community Trust Limited authorised purpose is:

  1. any charitable purpose;
  2. any non-commercial purpose that is beneficial to the whole or a section of the community; and
  3. promoting, controlling, and conducting race meetings under the Racing Act 2003, including the payment of stakes.

All grant applications are considered in accordance with the Akarana Community Trust’s grant policy and authorised purpose statement. Both of these documents are published on this website.

Akarana Community Trust has undertaken an annual review of the criteria, methods, systems and policies it uses for considering the distribution of net proceeds from class 4 gambling. This review was undertaken on March 2017. As a result of the review no changes to the grants process or the grants policy were made apart from one minor change to the wording of the grants policy. A copy of the current grants policy is posted on this website.

Welcome ACT

  • Akarana Community Trust is one of a number of community funders who derive income from the operation of gaming machines. For details of other funders who distribute grants in your area, please go to www.dia.govt.nz

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