CHARITIES Alert: June 2013

31 May 2013

Publications

The Charities Bill 2013 has been introduced into Federal Parliament providing for a statutory definition of ‘charity’. While the proposed legislation essentially codifies what is already the law, it will require entities to pass a series of tests to qualify as a charity. There is no grandfathering provision continuing the status of entities that have been accepted as charities to date – if the legislation comes into effect as planned on 1 January 2014, all charities, existing and new, will need to pass all five of the statutory tests.

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