On 25 February 2021, a new Australian Charities and Not-for-profits Commission (ACNC) Governance Standard came into effect, requiring a registered charity to take reasonable steps to participate in the National Redress Scheme for Institutional Child Sexual Abuse (the Scheme) if the entity has been named, or is likely to be named, in an application to the Scheme.
The Scheme aims to recognise and alleviate the impact of past child sexual abuse that occurred in an institutional context, providing a simple, trauma‑informed way to access redress.
A Regulation Impact Statement (RIS) was prepared and certified by the Department of the Treasury (the Treasury), which was assessed by the Office of Best Practice Regulation (OBPR) as consistent with good practice.
The RIS estimates the average regulatory costs at $6580 for a larger entity, per year annualised over seven years.
Please note: any accessibility enquiries should be directed to the Treasury.