The Review of the Australian Charities and Not-for-profits Commission (ACNC) legislation has commenced and charities and not-for-profits are encouraged to have their say.
Review Panel Chair, Patrick McClure said “We are asking charities and not-for-profits to share their views on how to improve the sector and ensure that the objects of the ACNC are fit for purpose.
“This is a real opportunity for the sector to submit their ideas on the effectiveness of the existing regulation and what more can be done to achieve an efficient and transparent regulatory framework.
The Review Panel has launched a Review website, www.acnclegislationreview.com.au to keep the sector up to date on the Panel’s progress and publish the submissions as they are received.
Submissions to the Review are due by 28 February 2018.
In addition to the submission process, the Review Panel has commenced consultations and roundtables with stakeholders right across Australia to seek their input.
The Review presents an opportunity to evaluate the performance of the legislative framework and regulation governing the sector and to identify any improvements that can be made.
“It is important for interested parties to have their say on the ACNC legislation so the Review can provide the Government with fully informed opinions and recommendations for future regulation and appropriate reforms’, Mr McClure concluded.
Information about the Review of the Australian Charities and Not-for-profits legislation
The Review Panel was announced by the Assistant Minister to the Treasurer, the Hon. Michael Sukkar MP, on 20 December 2017 (http://mss.ministers.treasury.gov.au/media-release/023-2017/). The Panel consists of Mr Patrick McClure, AO (Chair), Mr Greg Hammond, OAM, Ms Su McCluskey and Dr Matthew Turnour.
Under the Terms of Reference the Review should:
1. Examine the extent to which the objects of the ACNC legislation continue to be relevant.
2. Assess the effectiveness of the provisions and the regulatory framework established by the ACNC legislation to achieve the objects.
3. Consider whether the powers and the functions of the ACNC Commissioner are sufficient to enable these objects to be met.
4. Consider whether any amendments to the ACNC legislation are required to enable the achievement of the objects and to equip the ACNC Commissioner to respond to both known and emerging issues.