Treasury is seeking submissions on the draft regulations and explanatory statement for the proposed external conduct standards that charities registered with the Australian Charities and Not-for-profits Commission (ACNC) will need to comply with when operating outside Australia.
The proposed standards will be implemented through regulations under the Australian Charities and Not-for-profits Commission Act 2012 (the ACNC Act). The draft regulations give effect to the Government’s announcement in the 2017-18 MYEFO measure ‘Philanthropy - managing risks of overseas philanthropy’.
Consistent with the structure of the ACNC Governance Standards, the draft regulations are a principles-based set of minimum standards of conduct, governance and behaviour that ACNC-registered charities must comply with when operating outside Australia.
The purpose of the standards is to ensure the public has confidence that an ACNC-registered charity has appropriate governance systems and processes in place to reasonably address risks that arise in their overseas activities.
In coming weeks, Treasury is proposing to hold meetings with interested parties as a further means to obtain feedback during the consultation period. Treasury is working with the ACNC to organise these meetings. Treasury will be hosting meetings on:
- 27 August in Canberra;
- 30 August in Melbourne; and
- 3 September in Sydney.
Please email ExternalConductStandards@treasury.gov.au to express your interest in attending, including nominating the date/city by Friday 24 August 2018.