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  • disclosure
    to some registered entities The Australian Charities and Not for Profits Commission Amendment Regulation 2013 No 2 the Regulation commenced in May this year Under the Regulation the following information may be excluded from the Register in certain circumstances the name and ABN of the registered entity contact details including the address for service of the entity a governing rule in the governing rules of the registered entity the name of a responsible entity which includes the entities listed on our previous blog information in an annual information statement and information in a financial report audit or review report Most of these changes affect private ancillary funds and prevent their major donors from having their identities disclosed on the register The ACNC has delayed the inclusion of information about private ancillary funds on the Register so that it can implement the new law The ACNC has foreshadowed that a new form will be released which will allow private ancillary funds to put forward their arguments for removing or omitting information from the Register There is already a form in place for the removal of information from the Register that has been disclosed in contravention of the Australian Charities and Not for Profits Commission Act 2012 If you need to make a submission to the ACNC to put forward reasons for excluding certain information from the Register contact Kylie now for a confidential consultation Filed Under Charities Nonprofits Tagged With ABN ACNC charities charities register charity disclosure privacy private private ancillary funds register removal Leave a Comment Office 61 2 9889 2881 Mobile 61 405 124 975 Office 61 2 8215 1593 Mobile 61 405 124 975 Subscribe to our FREE Newsletter indicates required Email Address First Name Connect with Us Recent Posts New Charity Definition at Law Commences Operation Today

    Original URL path: http://www.kyliemaxwell.com.au/tag/disclosure/ (2014-01-05)
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  • privacy
    to some registered entities The Australian Charities and Not for Profits Commission Amendment Regulation 2013 No 2 the Regulation commenced in May this year Under the Regulation the following information may be excluded from the Register in certain circumstances the name and ABN of the registered entity contact details including the address for service of the entity a governing rule in the governing rules of the registered entity the name of a responsible entity which includes the entities listed on our previous blog information in an annual information statement and information in a financial report audit or review report Most of these changes affect private ancillary funds and prevent their major donors from having their identities disclosed on the register The ACNC has delayed the inclusion of information about private ancillary funds on the Register so that it can implement the new law The ACNC has foreshadowed that a new form will be released which will allow private ancillary funds to put forward their arguments for removing or omitting information from the Register There is already a form in place for the removal of information from the Register that has been disclosed in contravention of the Australian Charities and Not for Profits Commission Act 2012 If you need to make a submission to the ACNC to put forward reasons for excluding certain information from the Register contact Kylie now for a confidential consultation Filed Under Charities Nonprofits Tagged With ABN ACNC charities charities register charity disclosure privacy private private ancillary funds register removal Leave a Comment Office 61 2 9889 2881 Mobile 61 405 124 975 Office 61 2 8215 1593 Mobile 61 405 124 975 Subscribe to our FREE Newsletter indicates required Email Address First Name Connect with Us Recent Posts New Charity Definition at Law Commences Operation Today

    Original URL path: http://www.kyliemaxwell.com.au/tag/privacy/ (2014-01-05)
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  • private
    to some registered entities The Australian Charities and Not for Profits Commission Amendment Regulation 2013 No 2 the Regulation commenced in May this year Under the Regulation the following information may be excluded from the Register in certain circumstances the name and ABN of the registered entity contact details including the address for service of the entity a governing rule in the governing rules of the registered entity the name of a responsible entity which includes the entities listed on our previous blog information in an annual information statement and information in a financial report audit or review report Most of these changes affect private ancillary funds and prevent their major donors from having their identities disclosed on the register The ACNC has delayed the inclusion of information about private ancillary funds on the Register so that it can implement the new law The ACNC has foreshadowed that a new form will be released which will allow private ancillary funds to put forward their arguments for removing or omitting information from the Register There is already a form in place for the removal of information from the Register that has been disclosed in contravention of the Australian Charities and Not for Profits Commission Act 2012 If you need to make a submission to the ACNC to put forward reasons for excluding certain information from the Register contact Kylie now for a confidential consultation Filed Under Charities Nonprofits Tagged With ABN ACNC charities charities register charity disclosure privacy private private ancillary funds register removal Leave a Comment Office 61 2 9889 2881 Mobile 61 405 124 975 Office 61 2 8215 1593 Mobile 61 405 124 975 Subscribe to our FREE Newsletter indicates required Email Address First Name Connect with Us Recent Posts New Charity Definition at Law Commences Operation Today

    Original URL path: http://www.kyliemaxwell.com.au/tag/private/ (2014-01-05)
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  • private ancillary funds
    to some registered entities The Australian Charities and Not for Profits Commission Amendment Regulation 2013 No 2 the Regulation commenced in May this year Under the Regulation the following information may be excluded from the Register in certain circumstances the name and ABN of the registered entity contact details including the address for service of the entity a governing rule in the governing rules of the registered entity the name of a responsible entity which includes the entities listed on our previous blog information in an annual information statement and information in a financial report audit or review report Most of these changes affect private ancillary funds and prevent their major donors from having their identities disclosed on the register The ACNC has delayed the inclusion of information about private ancillary funds on the Register so that it can implement the new law The ACNC has foreshadowed that a new form will be released which will allow private ancillary funds to put forward their arguments for removing or omitting information from the Register There is already a form in place for the removal of information from the Register that has been disclosed in contravention of the Australian Charities and Not for Profits Commission Act 2012 If you need to make a submission to the ACNC to put forward reasons for excluding certain information from the Register contact Kylie now for a confidential consultation Filed Under Charities Nonprofits Tagged With ABN ACNC charities charities register charity disclosure privacy private private ancillary funds register removal Leave a Comment Office 61 2 9889 2881 Mobile 61 405 124 975 Office 61 2 8215 1593 Mobile 61 405 124 975 Subscribe to our FREE Newsletter indicates required Email Address First Name Connect with Us Recent Posts New Charity Definition at Law Commences Operation Today

    Original URL path: http://www.kyliemaxwell.com.au/tag/private-ancillary-funds/ (2014-01-05)
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  • register
    to some registered entities The Australian Charities and Not for Profits Commission Amendment Regulation 2013 No 2 the Regulation commenced in May this year Under the Regulation the following information may be excluded from the Register in certain circumstances the name and ABN of the registered entity contact details including the address for service of the entity a governing rule in the governing rules of the registered entity the name of a responsible entity which includes the entities listed on our previous blog information in an annual information statement and information in a financial report audit or review report Most of these changes affect private ancillary funds and prevent their major donors from having their identities disclosed on the register The ACNC has delayed the inclusion of information about private ancillary funds on the Register so that it can implement the new law The ACNC has foreshadowed that a new form will be released which will allow private ancillary funds to put forward their arguments for removing or omitting information from the Register There is already a form in place for the removal of information from the Register that has been disclosed in contravention of the Australian Charities and Not for Profits Commission Act 2012 If you need to make a submission to the ACNC to put forward reasons for excluding certain information from the Register contact Kylie now for a confidential consultation Filed Under Charities Nonprofits Tagged With ABN ACNC charities charities register charity disclosure privacy private private ancillary funds register removal Leave a Comment Office 61 2 9889 2881 Mobile 61 405 124 975 Office 61 2 8215 1593 Mobile 61 405 124 975 Subscribe to our FREE Newsletter indicates required Email Address First Name Connect with Us Recent Posts New Charity Definition at Law Commences Operation Today

    Original URL path: http://www.kyliemaxwell.com.au/tag/register/ (2014-01-05)
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  • removal
    to some registered entities The Australian Charities and Not for Profits Commission Amendment Regulation 2013 No 2 the Regulation commenced in May this year Under the Regulation the following information may be excluded from the Register in certain circumstances the name and ABN of the registered entity contact details including the address for service of the entity a governing rule in the governing rules of the registered entity the name of a responsible entity which includes the entities listed on our previous blog information in an annual information statement and information in a financial report audit or review report Most of these changes affect private ancillary funds and prevent their major donors from having their identities disclosed on the register The ACNC has delayed the inclusion of information about private ancillary funds on the Register so that it can implement the new law The ACNC has foreshadowed that a new form will be released which will allow private ancillary funds to put forward their arguments for removing or omitting information from the Register There is already a form in place for the removal of information from the Register that has been disclosed in contravention of the Australian Charities and Not for Profits Commission Act 2012 If you need to make a submission to the ACNC to put forward reasons for excluding certain information from the Register contact Kylie now for a confidential consultation Filed Under Charities Nonprofits Tagged With ABN ACNC charities charities register charity disclosure privacy private private ancillary funds register removal Leave a Comment Office 61 2 9889 2881 Mobile 61 405 124 975 Office 61 2 8215 1593 Mobile 61 405 124 975 Subscribe to our FREE Newsletter indicates required Email Address First Name Connect with Us Recent Posts New Charity Definition at Law Commences Operation Today

    Original URL path: http://www.kyliemaxwell.com.au/tag/removal/ (2014-01-05)
    Open archived version from archive

  • accountable
    of other blogs to be found here and here The governance provisions called Governance Standards number five in all and can be summarised as follows Registered entities are to make available to those they come into contact with information about their not for profit nature and purpose including persons ranging from members to donors and even benefit recipients which is a term undefined by the legislation but which we assume means those whom the charity serves or helps Registered entities must be accountable to their members Registered entities must comply with Australian laws avoiding being pursued for an indictable offence and offences with certain penalties Registered entities must take reasonable steps to ensure that its responsible entities are not disqualified from managing companies or by the ACNC under Australian laws Responsible entities must keep a range of duties creating a fiduciary type relationship with the registered entity including using care and diligence acting in good faith and in the best interests of the registered entity not misusing his or her position or information obtained whilst carrying out the duties of the position disclosing perceived or actual conflicts of interest being responsible with respect to the financial affairs of the registered entity ensuring that the registered entity does not operate while insolvent and if the responsible entity acts in good faith and with an independent assessment of information prepared by competent employees professional advisers other responsible entities or authorised committees comprising responsible entities this will be taken to have met the standard and if the responsible entity had reasonable grounds for believing the registered entity was solvent this will excuse them from being responsible for the registered entity trading while insolvent and if the responsible entity was suffering illness or had some other good reason which prevented him or her from

    Original URL path: http://www.kyliemaxwell.com.au/tag/accountable/ (2014-01-05)
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  • fiduciary
    of other blogs to be found here and here The governance provisions called Governance Standards number five in all and can be summarised as follows Registered entities are to make available to those they come into contact with information about their not for profit nature and purpose including persons ranging from members to donors and even benefit recipients which is a term undefined by the legislation but which we assume means those whom the charity serves or helps Registered entities must be accountable to their members Registered entities must comply with Australian laws avoiding being pursued for an indictable offence and offences with certain penalties Registered entities must take reasonable steps to ensure that its responsible entities are not disqualified from managing companies or by the ACNC under Australian laws Responsible entities must keep a range of duties creating a fiduciary type relationship with the registered entity including using care and diligence acting in good faith and in the best interests of the registered entity not misusing his or her position or information obtained whilst carrying out the duties of the position disclosing perceived or actual conflicts of interest being responsible with respect to the financial affairs of the registered entity ensuring that the registered entity does not operate while insolvent and if the responsible entity acts in good faith and with an independent assessment of information prepared by competent employees professional advisers other responsible entities or authorised committees comprising responsible entities this will be taken to have met the standard and if the responsible entity had reasonable grounds for believing the registered entity was solvent this will excuse them from being responsible for the registered entity trading while insolvent and if the responsible entity was suffering illness or had some other good reason which prevented him or her from

    Original URL path: http://www.kyliemaxwell.com.au/tag/fiduciary/ (2014-01-05)
    Open archived version from archive