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International Law
: Australian Regulatory Compliance ReviewNew regime proposed for Third Sector: charities and not-for-profit organisations
The Senate Standing Committee on Economics has released a report on charities and not-for-profit organisations.
The Committee's recommendations include:
- that the Government establish a unit within the Department of Prime Minister and Cabinet specifically to manage issues arising for Not-For-Profit Organisations. The unit should report to a Minister for the Third Sector;
- that there be a single independent national regulator for Not-For-Profit Organisations;
- that the Australian National Regulator for Not-For-Profit Organisations should have similar functions to regulators overseas, and particularly in the UK, including a compulsory Register for Not-For-Profit Organisations;
- that a single, mandatory, specialist legal structure be adopted for Not-For-Profit Organisations;
- that a National Fundraising Act be developed.
Full post as published by Australian Regulatory Compliance Review on December 27, 2008 (boomark / email).
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