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ARTICLE · 18 JULY 2012

Draft Australian Charities and Not-For-Profits Commission Bill

Makinson d'Apice Lawyers
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The Standing Committee has invited interested persons and organisations to make submissions regarding the proposed bill.

AustraliaCorporate/Commercial Law
Bill D'Apice
Bill D'Apice

Summary - The draft Australian Charities and Not-For-Profits Commission (ACNC) Bill has been released.

The Assistant Treasurer, the Hon David Bradbury MP, has referred the draft ACNC legislation to the House of Representatives' Standing Committee on Economics for an inquiry.

The Minister released the Exposure Draft of the legislation and explanatory materials on 6 July 2012.

The House Standing Committee on Economics has now invited interested persons and organisations to make submissions addressing the terms of reference by Friday, 20 July 2012.

We have reviewed the draft legislation and make the following general comments:

  • The proposed Bill is a considerable improvement upon the prior exposure draft.

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