ACNC Community Consultations to Start This Month
3 January 2012 at 10:56 am
- Listening and addressing concerns relating to the role of the ACNC
- Ensuring there is a high level of community involvement in the development of the ACNC
- Working with the sector to deliver a modern and effective regulator
The ACNC set up by the Gillard Government will be an independent regulator for the Not for Profit sector with a staff of around 90 officers, reporting to Parliament through the Treasurer.
Treasury will be responsible for policy and legislation with respect to regulation and taxation of the sector including: developing legislation for the ACNC, providing a statutory definition of “charity”, reviewing fundraising legislation and ‘Companies Limited by Guarantee’ and investigating reforms relating to tax concessions and public ancillary funds.