Regulatory Impact Assessment of Potential Duplication of Governance and Reporting Standards for Charities

On 25 January 2013, the Council of Australian Governments (COAG) released a Regulatory Impact Assessment (RIA) for consultation on ways to reduce regulatory duplication between the proposed Commonwealth governance and reporting standards and existing state and territory requirements.

The RIA process provides stakeholders with an opportunity to provide feedback on the extent of regulatory duplication for entities currently regulated by both the Australian Charities and Not-for-profits Commission (ACNC) and state/territory regulators.

The closing date for submissions is 21 February 2013.

A final report to COAG is expected in early March 2013 with options to reduce or eliminate compliance burdens associated with regulatory duplication.

The RIA and details of how to lodge a submission are available at:

http://www.coag.gov.au/node/492

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