What is the Modern Slavery Act?

The Commonwealth Modern Slavery Act 2018 establishes Australia’s national modern slavery reporting requirement.

Under the Act, certain large entities will be required to report publicly on their actions to assess and address modern slavery risks in their operation and supply chain.

Modern slavery describes situations where victims are being deprived of their freedom through threats, coercion or deception.  It’s estimated that some 15,000 people in Australia are living in Modern Slavery.

Companies and other entities (such as trusts, partnerships and associations) with annual consolidated revenue of over $100 million will be caught by the Act.

The guide sets out how you can work out if you must comply. The scope of the Act is broad — even charities may be caught by it.

To view the Governance Institute article in full, click here.

To download the Department of Home Affairs Guide to the Modern Slavery Act, click here.

Let us keep you up-to-date

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