Coalition to abolish the Australian Charities and Not-for-profits Commission
The Coalition announced before the election that it will undertake a major reform of the not-for-profit sector.
The key components of the new government’s policy on the non-profit sector are as follows. In the Coalition’s view, the Australian Charities and Not-for-profits Commission (ACNC), a Labor Party initiative to provide a central regulatory body for the not-for-profit sector, has increased the bureaucratic and administrative demands on the sector without achieving the desired results.
The new government proposes to abolish the ACNC and return all regulatory powers to the Australian Taxation Office (ATO), the Australian Securities and Investments Commission (ASIC) and other bodies that held those powers previously…
If you are registered and logged in to the site, click on the link below to read the King & Wood Mallesons briefing. If not, please register or sign in with your details below.
News from King & Wood Mallesons
News from The Lawyer
Briefings from King & Wood Mallesons
Principals and contractors need to be aware that in not registering security interests under the PPSA 2009, they may risk serious consequences.
The New Companies Ordinance (NCO) will come into effect on 3 March 2014. It includes changes that affect the way documents may be executed.
Analysis from The Lawyer
Shanghai’s ground-breaking Pilot Free Trade Zone could mark the beginning of the long-awaited liberalisation of China’s legal services sector.
Hong Kong IPO activity is hotting up again, but UK legal stalwarts are looking over their shoulders as US rivals make up ground fast