www.carters.ca
www.charitylaw.ca
–Disbursement Quota
§Once assets have
been transferred to a third party
contractor under a contract for service they
are considered to have been expended for the
purposes of the registered charity’s 3.5% disbursement quota
§For disbursement
quota purposes, the time of payment of
monies by a charity to the contractor
under a contract for services would be the time
of the expenditure and not when the contractor
fulfills the terms of the contract
–Insurance
§The absence of
vicarious liability may make a contract of
service attractive to an insurer
19