Some charities in Tasmania are incorporated under the Associations Incorporation Act 1964 (Tas). These are called 'incorporated associations' and usually have 'Inc.' or 'Incorporated' at the end of their name.
Incorporated associations have a number of responsibilities such as keeping appropriate financial records, following their rules and holding annual general meetings. These responsibilities are regulated in Tasmania by Consumer, Building and Occupational Services (CBOS).
Annual reporting obligations
From October 2016, there has been a change to the way that Tasmanian associations report.
Associations only need to report to the ACNC using the Annual Information Statement – they will not be required to submit a separate annual statement to CBOS.
Charities should provide their incorporated association number when submitting the Annual Information Statement. Note:
As part of these changes, small associations are no longer required to have their financial statements reviewed or audited (unless this is required in the constitution). Small charities are not required to provide financial reports as part of the Annual Information Statement.
From the 2018 reporting period, medium and large associations must use accrual accounting when preparing their financial statements and ensure the financial statements meet all ACNC reporting requirements and comparative requirements will apply.
Associations must still notify CBOS of changes to the association’s name, details or rules:
When to contact the ACNC or CBOS
|I want to:||ACNC||CBOS||Additional information|
|Incorporate an association||No||Yes||A charity must be approved as an incorporated association before applying to the ACNC.|
|Register as a charity||Yes||No|| |
|Change a charity’s rules||Yes||Yes||Before a charity notifies the ACNC of a change to its rules, CBOS must approve the change.|
|Change a charity’s name||Yes||Yes||Before a charity notifies the ACNC of a change to its name, CBOS must approve the change.|
|Update a charity’s address or contact details||Yes||Yes|| |
|Update a charity’s Responsible Persons, including the secretary||Yes||Yes|| |
|Submit the Annual Information Statement and financial report||Yes||No|| |
|Revoke a charity registration||Yes||No||A charity must revoke its registration with the ACNC when it winds up.|
|Ending an association||No||Yes||If an association is no longer running, it must notify CBOS.|
A cooperative is a type of organisation that is owned, controlled and used by its members. There are different types of cooperatives.
Charities that are cooperatives are regulated by Consumer, Building and Occupational Services (CBOS). To find out more, visit the CBOS website.
Other legal structures
Information about reporting and other obligations for charities set up with other legal structures is available on these pages: