Amalgamate a patriotic fund
Two or more funds can amalgamate, without closing and reopening as a new entity. To amalgamate existing funds, complete the Application to amalgamate patriotic funds (Word, 168KB).
Close or wind up a patriotic fund
Trustees of a patriotic fund may consider closing or winding up their fund when:
- there are insufficient funds to meet the objectives and purposes of the trust, or
- they are finding it difficult to discharge their responsibilities under the trust, or
- there are few or no remaining members of the ex-service group.
Before taking any action, trustees should call us on 1300 55 81 81 or email firstname.lastname@example.org with details of their situation. We will then contact the trustees directly to discuss the cancellation process and options to transfer any surplus funds in the trust accounts.
These surplus funds must be transferred to trustees of another patriotic fund or to an organisation that assists veterans or their dependants.