The Australian Charity and Not-for-profits Commission (ACNC) Taskforce is pleased that the ACNC Bill was introduced into the House of Representatives, today 23 August 2012 by the Assistant Treasurer, the Hon David Bradbury MP.

Assistant Commissioner, Murray Baird said that this marks significant progress towards establishing a national regulator for charities.

"We are pleased the ACNC Bill has been introduced to Parliament."

"The ACNC Taskforce has been working diligently to prepare for 1 October, with an emphasis on consultation with the sector, and the states and territories.

"The ACNC will be ready to open its doors on 1 October and provide services to the sector and the public.

"I would like to take this opportunity to thank all of the members of the sector and the public who took the time to make a submission to the House of Representatives Standing Committee on Economics," Mr Baird said.

The Bill introduced into the House of Representatives brings red tape reduction to the forefront of the ACNC's responsibilities. In addition to the pre-existing Objects of the Bill, a commitment to the reduction of unnecessary regulatory obligations on the not-for-profit sector has been formalised.

"Having the reduction of red tape for the sector explicitly in the Objects of the Bill emphasises how important for the ACNC this work will be," Mr Baird said.

The Bill will be debated in the House of Representatives, and if passed, will progress to the Senate. There are still a number of important steps in the process, however the ACNC Taskforce team will continue to work toward a start date of 1 October 2012.

The introduction of the Bill follows the release of the report by the House of Representatives Standing Committee on Economics. The full report and recommendations can be accessed at the Australian Parliament House website.