Productivity Commission recommends significant sector reforms
December 3, 2009
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To consolidate regulatory oversight, and enhance public transparency, the Commission proposes a ‘one-stop-shop’ for Commonwealth-based regulation in the form of a Registrar for Community and Charitable Purpose Organisations.
Registrar for Community and Charitable Purpose Organisations responsibilities:
- Incorporation and regulation of companies limited by guarantee, commonwealth incorporated associations, Aboriginal Corporations, and any new not-for-profit entities.
- Registration of Tax Concession entities charitable institutions and funds, PBIs, DGRs and other tax benefited bodies, registration for national fundraising.
- Single reporting portal to drive common accounting and reporting reforms.
- Register cross jurisdictional fundraising organisations.
- Fast track harmonisation of state/territory fundraising legislation.
The Commission suggests that the proposed Office for Not-For-Profit Sector Engagement be located within the Prime Minister’s portfolio to give “a much needed focus to improving the sector’s engagement with the Government, and a business, and stimulate sector-wide policy development.”
Office for Not-For-Profit Sector Engagement responsibilities:
- Take the lead in reform planning and implementation.
- Monitor and action the implementation of the National Compact.
- Reform Government contracting.
- Encourage social innovation funding.
- Provide high level government leadership for a community and business engagement.
