Guide to Giving
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Politics

Review of Not for Profit Governance Arrangements


Thursday, 8th December 2011 at 12:02 pm
Lina Caneva, Editor
The Federal Government has released a consultation paper to help determine what the core organisational governance principles applying to registered NFPs should be.

Thursday, 8th December 2011
at 12:02 pm
Lina Caneva, Editor


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Review of Not for Profit Governance Arrangements
Thursday, 8th December 2011 at 12:02 pm

The Federal Government has released a consultation paper to help determine what the core organisational governance principles applying to registered NFPs should be.

The consultation paper provides an opportunity for the NFP sector and the wider public to engage on this issue.

The Government announced in the 2011-12 Budget a number of further reviews of aspects of the regulation of the NFP sector, including a review of the governance obligations appropriate for not-for-profit entities.

The Paper includes a factsheet which outlines some key facts and frequently asked questions.
Submissions on the consultation paper close on 6 January 2012.

Treasury recognises that this is a very tight time-frame, however, it says the outcomes of the governance review will be included in the governance requirements for registered entities in the ACNC legislation, starting from 1 July 2012.

In order to have the ACNC to be in place and up and running by 1 July 2012, legislation for the ACNC needs to be ready to be introduced into Parliament in the first quarter of 2012.

The Government says this consultation builds on previous consultation undertaken by the Government on a NFP regulator, as part of the Scoping Study for a National Not-for-profit Regulator.

The Consultation Paper is available from Treasury’s NFP reform website at  http://www.treasury.gov.au/contentitem.asp?NavId=037&ContentID=2252

For further information contact Fiona McLaren on (02) 6263 3010 or Chris Leggett on (02) 6263 3357.


Lina Caneva  |  Editor |  @ProBonoNews

Lina Caneva has been a journalist for more than 35 years, and Editor of Pro Bono Australia News since it was founded in 2000.

Guide to Giving

FEATURED SUPPLIERS


...


Yes we’re lawyers, but we do a lot more....

Moores

HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

Mental Health Groups Call for Same-Sex Marriage to Prevent Suicide

Luke Michael

Thursday, 21st September 2017 at 4:24 pm

Public Interest / Private Interest – A Fundamental Distinction

David Crosbie

Thursday, 14th September 2017 at 8:46 am

Boosting Philanthropy For A Stronger Australia

Wendy Williams

Monday, 11th September 2017 at 5:16 pm

POPULAR

Moves to Stop Volunteering at Overseas Orphanages

Luke Michael

Wednesday, 13th September 2017 at 1:54 pm

Future Uncertain for Disability Organisations Following Funding Cuts

Wendy Williams

Tuesday, 19th September 2017 at 8:29 am

Majority of NFPs Are Not Believed to be Well-Run, According to New Survey

Luke Michael

Tuesday, 12th September 2017 at 4:14 pm

More Australians Are Giving Time Not Money

Wendy Williams

Monday, 11th September 2017 at 5:07 pm

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Guide to Giving
pba inverse logo
Subscribe Twitter Facebook

The social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!