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ARTICLE · 06 FEBRUARY 2015

ACNC opens its doors and is ready for business

Income tax exempt charities previously endorsed by the ATO, will be automatically registered entities with the ACNC.

AustraliaCorporate/Commercial Law

ACNC opens its doors and is ready for business

On Monday 10 December 2012, the newly established Australian Charities and Not-for-profits Commission (ACNC) was officially launched by the Assistant Treasurer, the Hon. David Bradbury MP. This followed the legislation receiving Royal Assent on 3 December 2012 and the announcement on 7 December 2012 of the formal appointment of Ms Susan Pascoe AM as the Inaugural Commissioner of the ACNC. Since opening it has already registered its first new charity.

In accepting the appointment Ms Pascoe noted that "I have spent most of my career in the not-for-profit sector particularly through my work with education organisations and I understand first hand the challenges and the workloads placed on charities".

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