Marathi Katta Australia (MKA) is incorporated as a Company Limited by Guarantee under the Corporations Act. As such, it is required to report its activities to the Australian Securities and Investment Commission (ASIC).

 

MKA is committed to upholding strong corporate governance practices and principles. The Trust Deed outlines the governance requirements, stating that Marathi Katta Australia is a not-for-profit organisation, with all income directed toward public charitable purposes.

 

The company’s directors are responsible for ensuring that MKA complies with its legal obligations. MKA is endorsed by the Australian Tax Office (ATO) as a Public Benevolent Institution and has been granted Deductible Gift Recipient (DGR) and Charity Tax Concessions (CTC) status since 17th October 2012. It is essential that MKA ensures all its activities remain charitable in nature.

 

The company, Marathi Katta Australia, serves as the trustee for the Marathi Katta Australia Fund, where donations to Marathi Katta Australia are held. This fund was established through a Trust Deed.

 

The trustees are responsible for making investment decisions and ensuring that income is distributed in accordance with the stated charitable purposes outlined in the trust deed. Trustees also have fiduciary duties under various Trustee Acts and common law. The Marathi Katta Australia Fund holds Deductible Gift Recipient (DGR) status, meaning donations to this fund are tax-deductible.

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MKA’s legal obligations are governed by:​

• The Marathi Katta Australia Trust Deed (available upon request).