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In this edition of Christian Media Law Notes: ACNC finds significant financial errors in charity reports; Overseas Aid Gift Deduction Scheme review; and continuing our series on Board Members’ responsibilities with a discussion on improper use of Board positions.

Christian Media Law Notes September 2015

ACNC GOVERNANCE STANDARDS
‘’Not to improperly use information or your position”

While serving on a board, it is likely that members will come across information that could be used for their personal gain or to further other interests. Any such information, indeed any special knowledge that board members gain while serving in that position, must only be used for the benefit of their charity.
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ACNC finds significant financial errors in charity reports

The Australian Charities and Not-for-profits Commission is contacting thousands of charities that have made significant errors in their financial reporting. The charities made these errors in their 2014 Annual Information Statements or annual financial reports. The ACNC is urging the charities to correct the errors as soon as possible to ensure the information available to the public on the Charity Register is up-to-date.
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Review of Overseas Aid Gift Deduction Scheme

The results of the roundtables and submissions for review of the Overseas Aid Gift Deduction Scheme (OAGDS) are now available on the DFAT OAGDS review website. Two reports are available:
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