So, you’ve been asked to volunteer as a member of a not-for-profit school board. You’re probably asking yourself: what responsibilities come with the role?
The Australian Securities and Investments Commission (ASIC) has issued a legislative instrument confirming it will not be mandatory for smaller not-for-profits and charities to implement a whistleblower policy in connection with Australia’s new whistleblower protection regime that came into effect on 1 July 2019.
From 1 July 2019, any not-for-profit organisations operating as a trading or financial corporation will be required to comply with the new whistleblower protection regime under Part 9.4AAA of the Corporations Act 2001 (Cth).
On March 4 2016, the Federal Government announced that the Australian Charities and Not-for profits Commission (ACNC) will be retained.
Public Ancillary Funds (Public AFs) established on or before 31 December 2011 have been exempt from complying with some of the requirements of the Public Ancillary Fund Guidelines 2011 (Guidelines).
New Federal Minister for Social Services, Scott Morrison, has stated that abolishing the Australian Charities and Not-for-profits Commission (ACNC) is not now a priority.
The ACNC has launched a consultation period for its draft Commissioner’s Interpretation Statement on health promotion charities (HPCs).
In Re Greenpeace of New Zealand Incorporated [2014] NZSC 105 the Supreme Court of New Zealand has held that the ‘blanket exclusion’ of political purposes should no longer be applied when determining whether a charitable purpose.
Following the Federal Court’s decision confirming that the Hunger Project Australia (HPA) is a public benevolent institution (PBI), the Australian Charities and Not-for-profits Commission (ACNC) has released a Commissioner’s Interpretation Statement to provide guidance on the law as it now stands.
The Department of Social Services has released an options paper regarding the replacement of the embattled Australian Charities and Not-for-Profits Commission (ACNC).
The Senate Economics Legislation Committee tabled a report on 16 June recommending the Australian Charities and Not-for-profits Commission(Repeal) (No. 1) Bill 2014 be passed by the Senate to abolish the Australian Charities and Not-for-profits Commission (ACNC).
It is common for families and businesses to consider establishing their own charitable foundation at this time of year, particularly private and public ancillary funds.