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STATUTES AMENDMENT (COMMONWEALTH REGISTERED ENTITIES) ACT 2016 (NO 24 OF 2016) - SECT 18

18—Amendment of section 15—Accounts, statements and audit

        (1)         Section 15(3) and (4)—delete subsections (3) and (4) and substitute:

        (3)         The Minister may at any time, by notice in writing to the holder of a licence, require the holder of the licence to provide to the Minister, within a specified time, a statement setting out specified information relating to money or property collected or received by the holder of the licence for charitable purposes.

        (2)         Section 15(6)—delete subsection (6) and substitute:

        (6)         The Minister may publish on a website maintained by the Minister any information provided by the holder of a licence under this section and must publish—

            (a)         the name of, and contact details for, any person who holds a licence under this Act; and

            (b)         the contents of any statement submitted to the Minister under subsection (2)(b) or a summary of, or extract from, any such statement.

        (3)         Section 15—after subsection (8) insert:

        (9)         If a Commonwealth registered entity taken to hold a section 6 licence for the purposes of this Act has, in respect of a particular period—

            (a)         submitted to the Commonwealth Commissioner an information statement that the entity is required to prepare under the Commonwealth Act and, if relevant, a financial report together with any auditor's report or reviewer's report that the entity is required to obtain under that Act; and

            (b)         submitted to the Minister any other information required by the Minister,

the entity is exempt from the operation of subsections (1), (2) and (7) in relation to that period.

        (10)         A document or information required to be provided to the Minister under this section must be provided in accordance with any requirements specified by the Minister (including requirements as to the form and verification of the document or information, or the time or manner in which it is to be provided).



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