The Government has today released the terms of reference for a review of the Australian Charities and Not-for-profits Commission legislation and announced appointments to the review panel.
The Australian Charities and Not-for-profits Commission Act 2012 and the Australian Charities and Not-for-profits Commission (Consequential and Transitional) Act 2012 both commenced operation in December 2012.
The legislation requires a review to be undertaken after five years of operation. This review presents an opportunity to evaluate the performance of the legislative framework, the regulation of the sector and to identify any improvements that can be made.
Mr Patrick McClure AO has been appointed to chair the review panel, and will be joined by Ms Su McCluskey, Dr Matthew Turnour and Mr Greg Hammond OAM.
Submissions are due by 28 February 2018, with a final report to be presented to Government by 31 May 2018.
Further information can be found on the Treasury consultation website.