Document ID: chunk:federal_register_of_legislation:C2025C00139:front:0:p7
Version: federal_register_of_legislation:C2025C00139
Segment Type: other
Provision Reference: 
Character Range: 19200–22649

to 300‑5                                                              The later of:                                                                                                                             3 December 2012
                                                                                        (a) 1 October 2012; and
                                                                                        (b) the day the Australian Charities and Not‑for‑profits Commission (Consequential and Transitional) Act 2012 receives the Royal Assent.
                                                                                        However, the provision(s) do not commence at all if the event mentioned in paragraph (b) does not occur.

Note: This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.
 (2) Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

5‑15  Crown to be bound
 (1) This Act binds the Crown in each of its capacities.
 (2) This Act does not make the Crown liable to a pecuniary penalty or to be prosecuted for an offence.

5‑20  Extension to external Territories
  This Act extends to every external Territory.

Division 10—Guide to this Act

10‑5  Guide to this Act
  The following is a guide to this Act:

      This Act establishes a regulatory system for not‑for‑profit entities.
      This Act establishes a national regulator for not‑for‑profit entities. The regulator is the Commissioner of the Australian Charities and Not‑for‑profits Commission (the ACNC).
      The Commissioner is responsible for registering entities as not‑for‑profit entities according to their type and subtypes. Registration with the ACNC is a necessary precondition for access to certain Commonwealth taxation concessions. Registration under this Act may also be a prerequisite for other exemptions, benefits and concessions provided under other Australian laws.
      The Commissioner of the ACNC will cooperate with other government agencies to oversee a simplified and streamlined regulatory framework for not‑for‑profit entities.
      The Commissioner of the ACNC will provide information to help the public understand the work of the not‑for‑profit sector and to support the transparency and accountability of the sector.

Part 1‑2—Objects of this Act

Division 15—Objects of this Act

15‑5  Objects of this Act
 (1) The objects of this Act are:
 (a) to maintain, protect and enhance public trust and confidence in the Australian not‑for‑profit sector; and
 (b) to support and sustain a robust, vibrant, independent and innovative Australian not‑for‑profit sector; and
 (c) to promote the reduction of unnecessary regulatory obligations on the Australian not‑for‑profit sector.
 (2) This Act achieves those objects by:
 (a) establishing a national regulatory framework for not‑for‑profit entities that reflects the unique structures, funding arrangements and goals of such entities; and
 (b) establishing the Commissioner of the Australian Charities and Not‑for‑profits Commission, who will:
 (i) be responsible for registering entities as not‑for‑profit entities according to their type and subtypes; and
 (ii) administer the national regulatory framework; and
 (iii) assist registered entities in