Summary
Amends the: Fair Work Act 2009 and Fair Work (Registered Organisations) Act 2009 to: establish the Registered Organisations Commission and provide it with investigation and information gathering powers to monitor and regulate registered organisations; and provide for the appointment, functions and powers of the commissioner (who will assume the investigations, enforcement advice and assistance responsibilities in relation to registered organisations currently undertaken by the General Manager of the Fair Work Commission); and Fair Work (Registered Organisations) Act 2009 to: amend the requirements on officers’ disclosure of material personal interests and change grounds for disqualification and ineligibility for office; increase financial accounting and disclosure obligations for registered organisations and their officers; and increase civil penalties and introduce criminal offences for serious breaches of officers’ duties and new offences in relation to the conduct of investigations.