As pointed out by the National Council of Notaries, of particular importance is the regulation of the assets destined for civilly recognized ecclesiastical bodies and religious confessions that have stipulated pacts, agreements or understandings with the State. The establishment of separate assets and solely dedicated to the performance of activities of general interest by this type of entity is essential in order to ensure the application of the discipline envisaged by the Third Sector Code limited to the part of the assets that has been destined to carry out of such activities.
In fact, provided that a specific regulation is adopted in the form of a public deed or private agreement, that a specific patrimony is established and that the accounting records are kept separately (according to the provisions of Article 13 of the Cts), limited to the carrying out the activities falling within those of general interest referred to in art. 5 Cts, the rules of the Third Sector Code apply to these entities.
However, since it is not a perfect form of patrimonial separation and since ecclesiastical entities lack a publicity system similar to that of the entities referred to in title I and V of the civil code, the doctrine agrees with deeming the application in their regarding the discipline referred to in art. 2447 bis of the Italian Civil Code et seq.
