Inquiry into the Australian Charities and Not-for-profits Commission Exposure Draft Bills

On Wednesday, 15 August 2012, House Standing Committee on Economics presented its report entitled: Report on the Exposure Draft of the Australian Charities and Not-for profits Commission Exposure Draft Bills.

This report has come after numerous submissions from various parts of the sector.

The recommendations in the report covered the following areas;

  • reduction of red tape,
  • the meaning of ‰Û÷public trust and confidence‰Ûª,
  • the ability of the Commissioner to accept materials prepared for other reporting purposes,
  • incorporating existing or sector-developed governance standards into legislation,
  • strengthening protection in the Bills for private donors who wish to keep their philanthropy private,
  • clarifying the intent and operation of Treasury redraft Division 180‰ÛÓObligations, liabilities and offences,
  • notice and hearings prior to disciplinary action or before a decision is enforced to revoke the registration of an entity or suspending or remove responsible entities,
  • clarification that the Commissioner has a discretion not to impose an administrative penalty,
  • a review of the legislation after it has been in operation for five years.



Let us keep you up-to-date

Subscribe to the NFPAS email newsletter to receive not for profit industry news and special updates.