ACNC Legislation Review

The Government has responded to the ACNC Legislation Review that was conducted in 2018, and has agreed with 18 of the 30 recommendations.

Key recommendations supported by the government:

Supporting ACNC as an effective regulator

  • Enabling swifter decision making through expanded delegation powers
  • Enhancing ACNC powers to detect breaches of governance standards and deal with misconduct
  • Allowing ACNC to continue its strong focus on education and research

Reducing Red Tape

  • Adjusting the reporting thresholds for registered charities
  • Streamlining and harmonising the regulatory requirements across all jurisdictions
  • Simplifying reporting requirements for small entities
  • Sharing data on charities between Commonwealth agencies

Strengthening Trust

  • Mandating the disclosure of related party transactions and for large charities, aggregated remuneration paid to responsible persons
  • Sharing information on ACNC investigations, when in the public interest
  • Disqualifying responsible persons who have certain criminal convictions

 

To view the report of the Government response, click here

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