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Discussion paper
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Description

As part of the scoping study for a national not-for-profit regulator, this paper seeks comment from stakeholders on the goals of national regulation, the scope of national regulation and the functions and form of a national regulator.

This paper seeks initial views in relation to design options for a national (not-for-profit) NFP regulator. It does not seek to address issues which have previously been examined by recent reviews and inquiries.

During the 2010 election campaign the Government outlined its commitment to reform Australia’s NFP sector.

The Government has tasked Treasury with undertaking a scoping study to determine the role, functions, feasibility and design options for a ‘one-stop shop’ NFP regulator.

The paper discusses the features of a best practice regulatory framework and also seeks stakeholder views in relation to:

• the goals of national regulation;

• the scope of national regulation;

• the functions of a national regulator; and

• the form of a national regulator.

The paper seeks input from stakeholders on these issues in order to inform the design of a national regulator. The consultation process will also help guide future reform direction.

The Government is committed to consulting with stakeholders, including the states and territories, at every stage of the reform process.

Following this scoping study, further consultations on any implementation of a national NFP regulator will be undertaken with stakeholders. Specific sectors or types of NFPs, detailed regulatory reform, transitional arrangements and administrative issues may be the subject of additional consultation.

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