Commonwealth Consolidated Acts Commonwealth Consolidated ActsThe Parliament of Australia recognises the unique nature and diversity of not - for - profit entities and the distinctive role that they play in Australia.
Not - for - profit entities promote a broad range of community, altruistic and philanthropic purposes. The not - for - profit sector delivers vital services and benefits to communities throughout Australia.
The not - for - profit sector receives a range of funding, including donations from members of the public and tax concessions, grants and other support from Australian governments.
It is important that a national regulatory system that promotes good governance, accountability and transparency for not - for - profit entities be introduced to maintain, protect and enhance public trust and confidence in the not - for - profit sector.
It is therefore necessary to establish a Commissioner of the Australian Charities and Not - for - profits Commission who will focus on the not - for - profit sector and will recognise and respond to the diversity and uniqueness of the sector.
The Parliament of Australia enacts: