January 1, 2020 Deadline Whistle Blowing Service for Clubs, Associations and Not for Profits / Charities. Have you got your External Service in place or risk a $1 Million Dollar Fine.
Whistleblower protections for not-for-profit organisations Not-for-profit incorporated organisations that meet the definition of a trading or financial corporation must comply with the corporate sector whistleblower protection regime in Part 9.4AAA of the Corporations Act 2001 (Corporations Act). This includes the following organisations incorporated under state or territory legislation, if they are trading or financial corporations:
- incorporated associations -other bodies corporate, including not-for-profit bodies corporate
- incorporated organisations registered with ASIC as Australian registered bodies -incorporated organisations registered with the Australian
- Charities and Not-for-profits Commission (ACNC) as charities.
All not-for-profit organisations structured as public companies limited by guarantee must already comply with the whistleblower protection provisions.
Setting up your Whistle Blowing Service is simple and easy to do. With the new Treasury Laws Amendment (Enhancing Whistleblower Protections) Bill 2019 (Cth) (Whistleblower Bill) was passed by Parliament in place you need to consider what you need to meet the requirements of this law and your business needs. As of 1 July 2019 after the Bill receives Royal Assent you will need to have in place one of the following options as a cost effective way to meet the new laws.
Click on one of the following options below to avoid penalties and fines.