The Australian government has committed to abolishing the Australian Charities and Not-for-Profits Commission (ACNC). The government has now released its Options Paper which sets out proposed replacement arrangements for charities in Australia.
The government is seeking feedback on the proposed arrangements. This will be used as a basis for consultation with stakeholders and help inform the drafting of the Australian Charities and Not-for-Profits Commission (Repeal) (No.2) Bill 2014, to be introduced later his year. If passed, this Bill will implement the arrangements that will replace the ACNC.
Written submissions in response to the Options Paper close on 20 August 2014. A summary of submissions will be provided on the Department’s website in September 2014.