All building or property (capital) projects undertaken in the Diocese of Bendigo which are in excess of $5,000 and/or to be funded from monies held in Trust require the approval of the Diocesan Executive Committee (‘the Executive’).
Before you begin, please have the following documents ready to upload in either PDF (preferred), Word, or JPEG file types:
- Parish Council minute approving the proposal and which trust the funds are to be sourced (if applicable);
- Report outlining works to be done including summary and total costs;
Many trusts have specific conditions that limit the amount that can be withdrawn from the trust and/or the purpose to which the trust funds can be applied. As Trustee, the Diocese is obliged by law to ensure that these conditions are complied with. As a consequence, please do not assume that the full value of the Trust is automatically available for any purpose. If you have any questions about which Trust funds are available the Registry Staff will be happy to assist you.
Withdrawal requests of a higher value (over $5,000) or requesting a withdrawal of the corpus of the trust must be approved by the Executive. The Executive normally only meets monthly, so additional time for this approval may be required.