Summary - COAG has released the Regulatory
Impact Assessment (RIA) of potential duplication of governance and
reporting standards for charities.
On 25 January, COAG released a
Regulatory Impact Assessment (RIA) concerning potential
duplication of governance and reporting standards for
charities.
COAG says the purpose of the RIA is to identify and quantify the
extent of duplication between existing and proposed governance
standards and reporting requirements on charities, with a view to
assisting a final report to COAG to determine whether it is a
problem that would warrant government action.
The RIA process provides stakeholders with an opportunity to
provide feedback on the extent of regulatory duplication for
entities currently regulated by both the Australian Charities and
Not-for-profits Commission (ACNC) and State/Territory
regulators.