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Federal Government moves to abolish ACNC

Posted 05 December 2014

The Federal Government reintroduced legislation to the House of Representatives on Wednesday 3 December to abolish the national charity regulator.

Claiming that the removal of the ACNC will significantly reduce red tape and the administrataive burden on charities, the government plans to return regulatory functions to the Australian Taxation Office and the Australian Securities and Investment Commission, and establish a National Centre for Excellence to support the community sector.

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