AUDIT UPDATE - 'DOUBLE DEFAULTER' CHARITIES REVOKED
More than 1200 charities have had their registrations revoked for repeatedly failing to submit two successive annual information statements.
The ACNC can impose financial penalties for lodging statements late or revoke charity registration when charities become 'double defaulters' for failing to lodge two successive statements.
Submitting an annual statement is a requirement to maintain charity registration. Charities without registration are ineligible for Commonwealth tax concessions.
Dr Johns said: 'We are committed to maintaining an accurate, up-to-date [register] that provides a transparent source of charity information that the public can trust.'
The ACNC will continue to work with charities to help them meet their obligations. When charities fail to comply with the ACNC Act and governance standards the commission takes action.
'The public can rest assured that charities who have been revoked will clearly show 'revoked' on their […] listing so the public can donate with confidence to charities that meet their obligations,' Dr Johns said.
Revoked charities must submit overdue statements and can apply to re-register through the charity portal.
Charities may check the register to identify which statements are overdue. To search the register, visit www.acnc.gov.au/charity.