What is Earmarked receipts?

Non-repayable funds received on condition that they are used for a specific purpose: grants, subsidies, membership fees, tax benefits for targeted use and other earmarked receipts. Under NAS No. 21, there are three conditions for them to be shown as equity: the funds are used for their intended purpose, there are no costs associated with raising them, and they are not repayable if the conditions are met. They are kept in account 8800.