Regulation 6 Transmission of money or promises of money to benevolent bodies
A professional fundraiser or commercial participator holding any money, promises of money or other benevolent contributions acquired, or otherwise falling to be given to or applied by the professional fundraiser or commercial participator for the benefit of a benevolent body must, as soon as reasonably practicable after its receipt and in any event not later than 28 days after that receipt–
(a)
transfer it to the persons concerned in the management or control of the benevolent body or a company connected with the body; or
(b)
pay any money into an account held by a bank or building society in the name of or on behalf of the benevolent body or a company connected with the body, which is under the control of the persons referred to in paragraph (a).