Tuesday, 17 May 2022
    08
    Sep
    Charity

    Cross-border recognition proposed

    The NSW Government is working with the Australian Charities and the Not-for-profits Commission (ACNC) to examine how to reduce costs imposed by regulatory frameworks.

    A cross-border recognition model is being considered. The proposed model will allow a charity registered with the ACNC to be automatically deemed as holding an authority in all participating Australian states and territories.

    A discussion paper addresses the proposed model in more detail.

    NSW Fair Trading is seeking feedback from the industry and members of the public on the proposed model.

    “The charitable fundraising sector plays a vital role in the economic landscape of Australia,” the paper says.

    “The industry creates employment and volunteering opportunities while in pursuit of charitable and community development goals.

    “The nature of fundraising in Australia has transformed significantly in recent years. Charities have expanded in size and operation, are conducting activities across a number of states and
    territories, are using social media and online platforms, in addition to the commercial sector integrating social initiatives into their business models.

    “Inconsistent regulations across jurisdictions are creating a degree of complexity and uncertainty for charities and as a result contributing to a significant source of regulatory
    burden,” it notes.

    FULL STORY

    Charitable fundraising in Australia (NSW Government)

    Charitable Fundraising National Working Group Discussion Paper

    PHOTO

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