Decree Law No.5/2005 Non-profit-making Corporate Bodies

Timor-Leste

(enacted in 2005)

The government issued the Law to regulate Non-profit-making,  to ensure the transparency in the management of the funds.

The law regulates on varied types of organizations of non-profit-making Corporate Bodies

Content mainly contains Registration, Obligations, Functions, Management.

The Law is organized as follows:

Chapter I General Provisions

Chapter II Associations

Chapter III Foundations

Chapter IV Foreign Corporate Bodies

Chapter V Irregular Associations and ad hoc Committees

Chapter VI Transitional and Final Provisions