Miscellaneous current transfers (D.75)

Current transfers to NPISHs

4.125 Definition:

Current transfers to NPISHs include all voluntary contributions (other than legacies), membership subscriptions and financial assistance which NPISHs receive from households (including non-resident households) and, to a lesser extent, from other units.

4.126 The following are included:

  1. regular subscriptions paid by households to trade unions and political, sporting, cultural, religious and similar organisations classified in the sector NPISHs;
  2. voluntary contributions (other than legacies) from households, corporate enterprises and the rest of the world to NPISHs, including transfers in kind in the form of gifts of food, clothing, blankets, medicines, etc. to charities for distribution to resident or non resident households;
  3. assistance and grants from general government, other than transfers made for the specific purpose of financing capital expenditure, which are shown under investment grants.

Excluded are payments of membership dues or subscriptions to market NPIs serving businesses, such as chambers of commerce or trade associations, which are treated as payments for services rendered.

4.127 Time of recording: Current transfers to NPISHs are recorded at the time they are made.

4.128 In the system of accounts, current transfers to NPISHs are recorded:

  1. among uses in the secondary distribution of income account of the contributing sectors;
  2. among uses in the external account of primary incomes and current transfers;
  3. among resources in the secondary distribution of income account of the NPISHs sector.