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.
You can submit responses to this consultation up until 21 September 2018.
Interested parties are invited to comment on this consultation.
While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.
All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.
Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.
How to respond
Address written submissions to:
Individuals and Indirect Tax Division
PARKES ACT 2600