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Legal regime of philanthropy, sponsorship activities to be simplified in Moldova

16:26 | 04.05.2022 Category: Official

Chisinau, 4 May /MOLDPRES/ - The cabinet of ministers today approved a draft on amendment of the law on philanthropy and sponsorship. More exactly, the cabinet suggests the exclusion of deficiencies and ambiguous provisions from the law, in order to simplify the legal regime of the philanthropy and sponsorship activities, the government’s communication and protocol department has reported.   

„The present law is, to a great extent, obsolete, non-adapted to the current social realities, with out-of-date formulations, does not regulate clearly the way the sponsorship and philanthropy activities are carried out. As no clear difference between philanthropy and sponsorship is made, and given the lack of norms on the contract on sponsorship/philanthropy, including of the mechanisms of carrying out the aforementioned activities, non-commercial organizations do not use them or use them quote rarely,’’ the state secretary at the Justice ministry, Eduard Serbenco, said.   

Thus, decision-makers propose amendments for clearing up the legal regime of the philanthropy and sponsorship activities, such the providing of more explanatory definitions for the notions of philanthropic activity, sponsorship activity, philanthropist, sponsor, beneficiary of philanthropic and sponsorship activities; revision and widening of the list of fields fitting the goals of the philanthropic and sponsorship activities; plain clarification of potential beneficiaries of these activities; establishment of clearer regulations as to the record and way of use of donations, transparency of the philanthropic and sponsorship activities, etc.       

Also, decision-makers will exclude some provisions which proved to be inefficient/inapplicable during time. It is about the abrogation of the law’s stipulations related to the philanthropic organization, as well of the norms concerning the way of creation, liquidation and carrying out of the activity of this type of non-commercial organization. The abrogation of these provisions and the liquidation of the institution of philanthropic organization is justified by the fact that the goals of the setting up of such an organization can be achieved, according to the present legal provisions, through other types of non-commercial organizations (for instance, public associations, foundations, etc.).  

The draft law is to be submitted to parliament for consideration.

Photo: Government

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