The ACNC will be an independent statutory agency and will assess whether an organisation is charitable, a Public Benevolent Institution or in another NFP category. The Australian Tax Office will provide support to the ACNC and continue its responsibility of administering tax concessions.
The ACNC will:
For constitutional reasons, it is anticipated that the ACNC will initially only regulate Corporations Act companies and trustees until further negotiation is conducted with states and territories regarding national harmonisation of NFP regulation.
Third Sector acknowledges the traditional custodians of the lands where we live, learn and work. We pay our respects to Elders past, present and emerging.