Following consultation the Australian Charities and Not-for-profits Commission (ACNC) has developed a template for charities that want to develop a constitution and be companies limited by guarantee.
The Australian Taxation Office and Australian Securities and Investments Commission were consulted to help ensure the template meets relevant legal requirements of the Corporations Act and the ACNC Act.
The template has a table that assist identify relevant parts of the Corporations Act 2001and check list for developing a constitution and is suitable for.
- A not-for-profit organisation that wants to incorporate as a company limited by guarantee and register as a charity with the ACNC.
- An existing company limited by guarantee that that wishes to become a charity registered with the ACNC.
- An existing company limited by guarantee that is a registered charity and wants to update its constitution.
Other detail and the template can be accessed from the Australian Charities & NFP Commissions website here.