Use or application of funds or assets for the benefit of interested person.

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..... ied, directly or indirectly, for the benefit of an interested person. (2) Without prejudice to sub-section (1), the funds or the assets of the non-profit organisation shall be deemed to have been used or applied for the benefit of an interested person, if— (a) the funds or the assets of the non-profit organisation are, or continue to be, lent to any interested person, for any period .....

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..... hout adequate remuneration or other compensation; (e) any share, security or other property is purchased by or on behalf of the non-profit organisation from any interested person, during the financial year, for consideration which is more than adequate; (f) any share, security or other property is sold by or on behalf of the non-profit organisation to any interested person, d .....

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