Since the announcement of the National Redress Scheme for Institutional Child Sexual Abuse, many NSW non-government schools have been uneasy about whether they may inadvertently breach Section 83C of the Education Act if required to make a funding contribution (Funding Contribution) under the National Redress Scheme for Institutional Child
Compliance
Restructuring Charities and NFPs
In recent years, many charities and other NFPs have found themselves in a position where they need to consider restructuring.
Common reasons we have seen for this are:
- the charity or NFP may now be operating outside of the state or territory in which it was originally incorporated
- the charity or NFP may have increased
…
Is Your Charity Ready for the External Conduct Standards?
For registered charities operating overseas or working with a third party overseas, there is a new set of standards that they must comply with in addition to the existing ACNC Governance Standards in this new financial year.
This set of new standards commonly referred to as “External Conduct Standards” are contained in the Australian Charities…
F&P Magazine – In the eyes of the law
How will the NSW Modern Slavery Act affect you?
Most Australian entities will now be aware that the Modern Slavery Act 2018 (Cth) (Commonwealth Act) commenced on 1 January 2019.
However, you may not be aware that the NSW government has recently passed its own Modern Slavery Act 2018 (NSW) (NSW Act), which will commence on 1 July 2019.
Obligations under the Commonwealth Act
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10 Questions Charities Should Ask in Considering Gifts and Honorariums
It is quite common for charities to provide gifts or honorariums to individuals who are important to their organisations as a gesture to express their gratitude and appreciation. However, as registered entities with the Australian Charities and Not-for-profits Commission (ACNC), charities are required to comply with the ACNC’s Governance Standards when applying its resources. Therefore,…
Royal Commission into Aged Care Quality and Safety
The Prime Minister released the terms of reference for the Royal Commission into Aged Care Quality and Safety on 9 October 2018.
The terms of reference are very broad and it is important that all those organisations involved in the provision of aged care either directly or indirectly consider…
Red Tape Relief for NSW Associations
With effect from 1 October 2018, associations incorporated under the Associations Incorporation Act 2009 (NSW) which are registered charities will no longer have to submit annual financial reports to NSW Fair Trading as well as the Australian Charities & Not-for-profits Commission (ACNC).
The annual financial reports which these charities lodge…
External Conduct Standards for Charities
The ACNC legislation passed in 2012 allowed for the creation of minimum external conduct standards that are required to be met by registered charities.
To date, this issue seems to have been in the government’s too hard tray but Treasury has now issued draft external conduct standards and is seeking submissions on them.
The draft…
ACNC’s compliance and enforcement activities in 2017
The ACNC has released a report that examines its compliance and enforcement activities in 2017.
The report also outlines the ACNC’s compliance focus for the year ahead.
Download the report at ACNC’s website: https://lnkd.in/gXDEUDm