The ACNC is due to commence on 1 October 2012. In this Not for Profit Alert we update you on the status of the legislation which will establish the ACNC.

Background: The Assistant Treasurer, The Hon David Bradbury MP, referred draft legislation to establish the ACNC to the House of Representatives Standing Committee on Economics (“the Committee”) for its consideration on 5 July 2012 (see our 6 August 2012 Not for Profit Briefing for details).

The Committee’s Report: The Committee delivered its report on the draft legislation on 15 August 2012. A link to the ‘Report on the Exposure Draft of the Australian Charities and Not-for-profits Commission Bills’ is contained here . The Committee made 11 recommendations which are listed at the beginning of the Report... Read more

Like a little more information about the new Charities and Not-for-profits Commission (ACNC) legislation? Click the links below to read the pros and cons and otherwise of the new ACNC and how it will affect the Australian Civil Society. The two links below will give the Governments reform hopes and also the concerns listed by the opposition.

• The for case: http://www.notforprofit.gov.au/office-not-profit-sector
• The against case: http://kevinandrews.com.au/media/public-speech/coalition-approach-to-the-charitable-sector