Charities and Not-For-Profit organisation are required by law to have in place good corporate governance measures to ensure that the charity is properly run, having regards its objects and the interest of stakeholders.
Like many organisations, the impact of COVID-19 would be felt by many Not-for-Profits and while there’s possibly a large number of adjustments some would need to make, there’s plenty of information to assist organisations during these times.
The ACNC – Australian Charities and Not-For-Profit Commission, recently addressed the difficulty many charities may experience due to COVID-19, stating that the ACNC role remains to protect public trust and confidence in the charity sector. Organisations that are challenged by the reality of COVID-19 would certainly get the assistance required to help the specific organisation comply with regulations so they are able to continue operation.
Like ACNC, we understand that the pandemic may have serious impacts on charities. At M 6:8 Legal we can give your charity a complimentary legal health check consultation to identify any issues which may require further attention.
Our focus would be on the following:
- Lease and property rights check – preferably to be undertaken prior to signing any extensions of lease or before exercising any options to renew;
- Governance framework – to ensure that your rules, constitution and/or trust deed are up to date, and there are policies and procedures in place to deal with conflicts of interest
- Registrations – to ensure that you are clear on the registrations and licences you need to conduct fundraising campaigns;
- Legal structure – to ensure that your club or organisation has the right legal structure;
We are extremely passionate about working with Not-For-Profits, not only due to the great work complete by individual organisations but because we know what a crucial role the more than 50,000 organisations play in the Australian society.
For more information and guidance from ACNC, the full statement can be found on the ACNC site. We encourage all Not-For-Profits to stay up to date with the latest news regarding COVID-19 and its impact.
For any legal advice and consultation, feel free to contact us at M 6:8 Legal.