House of Representatives Committees

| House of Representatives Standing Committee on Economics

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Report on the Exposure draft of the Australian Charities and Not-for-profits Commission Bill

15 August 2012

View the report as a single document - (PDF 1077KB)

View the report as separate downloadable parts:


Preliminary Pages	(PDF 213KB)

Chapter 1 Introduction	(PDF 129KB)
Referral of the Bills Background on the sector Rationale for the Bills Sustainability of the sector Independent from the ATO Support in the sector Treasury consultations Overview of the Bills Constitutional basis Registration The Australian Charities and Not-for-profits Register Governance standards and external conduct standards Reporting and record keeping Duty to notify Information gathering and monitoring powers Education, compliance and enforcement The Commission and the Advisory Board Secrecy framework Reviews and appeals Penalties and offences Objectives and conduct of the inquiry

Chapter 2 Analysis of the Bills - ‘Public trust and confidence’	(PDF 197KB)
Support for the Commission and its benefits to the sector Transferring the registration role from the ATO An educative regulator The Commission is off to a good start ‘Red tape’ in the objects of the Bills Analysis Conclusion Background Analysis Conclusion Reporting framework Analysis Conclusion Governance standards Analysis Conclusion Reporting thresholds Analysis Conclusion Privacy and reporting requirements Anonymity of private ancillary funds Analysis Conclusion Directors’ liability Analysis Conclusion Procedural fairness Analysis Conclusion The administrative penalty regime Analysis Conclusion Review of the Act Analysis Conclusion Overall conclusion

Dissenting report – Liberal Members of the committee	(PDF 92KB)
Introduction Regulatory burden Harmonisation across government agencies Powers and penalties Lack of certainty Privacy Consultation process Conclusion

Appendix A – Submissions and exhibits	(PDF 35KB)

Appendix B – Hearings and witnesses	(PDF 33KB)

Appendix C – List of advisory reports	(PDF 31KB)