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A collection of updates, articles and papers written by The Little CFO & The Little CFO Legal

The Australian Charities and Not-for-profits Commission Amendment (2021 Measures No 3) Regulations 2

ACNC regulations registered re charity sector reform:


The Australian Charities and Not-for-profits Commission Amendment (2021 Measures No 3) Regulations 2021 has been registered.


Among other things, it amends the Australian Charities and Not-for-profits Commission Regulation 2013 to:


🔸 increase the thresholds for working out the size of a registered entity;


🔸 increase disclosure requirements for related party transactions for medium and large registered entities; and


🔸 enable registered entities to make voluntary real-time updates to their program information on the Australian Charities and Not-for-profits Commission Register.


In this regard, a registered entity will be:


🔹 a “small registered entity” where its annual revenue is less than $0.5m;


🔹 a “medium registered entity” if its annual revenue threshold is between $0.5m and $3.0m; and


🔹 a “large registered entity” if its annual revenue is $3.0m or more.

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