philanthropyOz Blog

Inquiry into the Disclosure regimes for charities and not-for-profit organisations

A Senate inquiry is now underway into the disclosure regimes and models of regulation for charities and not-for-profit organisations.

On 18 June 2008, the Senate referred the Disclosure regimes for Charities and not-for-profit organisations to the Senate Standing Committee on Economics for report by the last sitting day of November 2008. The inquiry will examine:

1. the relevance and appropriateness of current disclosure regimes for charities and all other not-for-profit organisations;

2. models of regulation and legal forms that would improve governance and management of charities and not-for-profit organisations and cater for emerging social enterprises, and;

3. other measures that can be taken by government and the not-for-profit sector to assist the sector to improve governance, standards, accountability and transparency in its use of public and government funds.

Submissions that reflect the issues and solutions that best meet the needs of the sector are encouraged. Submissions will close on 29 August 2008.

To find out more about the Inquiry into the Disclosure regimes for Charities and not-for-profit organisations, and how you can make a submission, visit the Parliament of Australia Senate website.