Resolution No. (4) of 2022 establishes the executive regulations and controls for fundraising for public purposes by youth and sports organizations in Bahrain. It aims to ensure that all financial collections are transparent, documented, and aligned with national security and financial laws.
Key Aspects of the Resolution:
- License applications must be submitted at least 30 days prior to the proposed start date, specifying the purpose, method, and duration.
- A financial statement approved by the Board of Directors must be submitted within 15 days of the fundraising period’s conclusion, including all receipts and expenditures.
The decision introduced unified official forms for license applications, revenue reports, and donor lists to ensure administrative consistency.
It is strictly prohibited to transfer collected funds abroad or accept foreign donations without explicit prior approval from the Ministry and relevant authorities.