Summary
Introduced with the Australian Charities and Not-for-profits Commission (Consequential and Transitional) Bill 2012, the bill: establishes the Australian Charities and Not-for-profits Commission (ACNC); charges the ACNC with registering not-for-profit entities (initially charities) and maintaining a register; provides for the powers of the ACNC Commissioner in relation to the regulation of registered entities; and sets out the obligations and responsibilities of registered entities.