TITAN
MEDIA, JOBS & RESOURCES for the COMMON GOOD
NEWS  |  Politics

FIA Concerns Over Charity Regulator Draft Bill


Tuesday, 24th July 2012 at 12:59 pm
Staff Reporter
Fundraising peak body the Fundraising Institute of Australia (FIA) has expressed concern to the Federal Government over the latest changes to the draft legislation for the charity regulator, the ACNC.

Tuesday, 24th July 2012
at 12:59 pm
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
FIA Concerns Over Charity Regulator Draft Bill
Tuesday, 24th July 2012 at 12:59 pm

Fundraising peak body the Fundraising Institute of Australia (FIA) has expressed concern to the Federal Government over the latest changes to the draft legislation for the charity regulator, the ACNC.

The FIA says given the imminent implementation of the ACNC on 1 October 2012, the draft Bill lacks detailed content requirements of financial reports and Not for Profit governance requirements.

In a submission of the revised Draft Exposure Bill for the ACNC, the FIA says it has long called for national regulation for charities and Not for Profit organisations and harmonisation of State and Federal legislation.

However, FIA says it anticipates that these may be included in the regulations when drafted.

Furthermore, it says any reporting for the sector needs to be streamlined between Commonwealth and State Governments in order to ensure the sector is not burdened with duplicated reporting.

FIA says it is also concerned at the emphasis placed on enforcement in the draft Bill.

“Research shows that the vast majority of charities and Not for Profits do carry out their missions and fulfil the objects of their constitutions.

“Where there have been cases of fraud or embezzlement, it has been found that the organisation has had a weak Board which has failed to insist on standard compliance measures, such as two signatories for all transactions.

“Where compliance is implemented properly, the risk of such offences is minimal. Therefore, FIA recommends an emphasis on compliance, rather than enforcement.”

Earlier this month, the Gillard Government made major revisions to the draft legislation around the new Charity Regulator, the ACNC and called for sector consultation.

The revised legislation will go to the House of Representatives Standing Committee on Economics for an inquiry over the Winter Parliamentary break.

"The Australian Charity and Not for Profit Commission legislation reflects the outcomes of an extensive consultation process beginning with the 2011 Consultation paper Scoping Study for a National Not for Profit Regulator," the Minister for Social Inclusion Mark Butler said.

"Referring the ACNC Bills to the House Committee for an inquiry over the Winter Parliamentary break provides for appropriate Parliamentary scrutiny and also allows for further public consultation on the ACNC legislation.”

The Government said it will then consider any recommendations the Committee makes, before introducing the legislation later in the year, ahead of the ACNC's 1 October start date this year.

The FIA Submission can be found here.




Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au


Write a Reply or Comment

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



YOU MAY ALSO LIKE

Religious Freedom Review Calls to Amend Charities Act

Luke Michael

Tuesday, 16th October 2018 at 8:45 am

ACNC Website Gets a Revamp

Maggie Coggan

Monday, 15th October 2018 at 5:04 pm

‘In Australia’ – What Does It Mean and How Does It Affect You?

Contributor

Thursday, 27th September 2018 at 7:00 am

Changing Perceptions of Fundraising

Luke Michael

Monday, 24th September 2018 at 8:49 am

POPULAR

Psychosocial Disability Stream Added to NDIS

Maggie Coggan

Wednesday, 10th October 2018 at 5:07 pm

Making Tourism More Inclusive For All

Luke Michael

Monday, 8th October 2018 at 5:24 pm

Caution Needed Over Autism Diagnosis Guidelines

Maggie Coggan

Wednesday, 17th October 2018 at 5:25 pm

Resilient Families Becomes First SBB to Mature in Australia

Luke Michael

Wednesday, 10th October 2018 at 4:57 pm

TITAN
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!