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ARTICLE · 26 DECEMBER 2018

External conduct standards for charities

Carroll & O'Dea
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The standards apply to all charities so basic religious charities do not have an exemption from the governance standards.

AustraliaCorporate/Commercial Law
Josephine Heesh
Josephine Heesh
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In summary:

The proposed external conduct standards were tabled in Parliament in the first week of December 2018 and will become effective on 1 July 2019.  There has been opportunity for the sector to engage with Treasury to put submissions on the final version of the standards. The standard are set out as Division 50 of the Australian Charities and Not for Profits Commission Act 2012 and were anticipated when the Act commenced but have been delayed until now.

The standards apply to all charities so basic religious charities do not have an exemption as they presently have from the governance standards.

In summary:

  • Standard 1: Activities and control of resources – including funds

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