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
