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ARTICLE · 03 MARCH 2011

Moore Stephens commentary supporting its submission

Given the NFP sector’s already strong commitment to high standards of governance, in responding to the Federal Government’s Scoping Study for a national not-for-profit regulator we see it as an imperative that any change reduces the sectors current compliance costs so that its ability to focus its limited resources and efforts towards its mission is enhanced. In addition a key goal of any change must see a new regulatory structure being an enabler in adding value to the growing importance of the

AustraliaGovernment, Public Sector

Will a national not-for-profit regulator bring pain or gain?

Given the NFP sector's already strong commitment to high standards of governance, in responding to the Federal Government's Scoping Study for a national not-for-profit regulator we see it as an imperative that any change reduces the sectors current compliance costs so that its ability to focus its limited resources and efforts towards its mission is enhanced. In addition a key goal of any change must see a new regulatory structure being an enabler in adding value to the growing importance of the sector, the value it provides to the community and the funding of its activities, rather than simply adding to the regulatory burden.

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