The Charities regulator, the Australian Charities and Not-for-Profits Commission (ACNC), has revoked a compliance direction against Role Models and Leaders Australia Ltd (RMLA), according to a joint statement issued by both organisations today.
The ACNC issued a Direction to RMLA on 7 December 2018. The ACNC subsequently revoked the Direction on 27 November 2019 and acknowledged that RMLA has complied with the requirements of that Direction, including undergoing a forensic audit in accordance with the Direction.
Australians respond generously in times of crisis, but ensuring help goes where it is needed is important, warns the charities regulator, the Australian Charities and Not-for-profits Commission (ACNC).
Australian charities generate more than $140 billion each year, significant income which can leave them vulnerable to fraud if adequate financial and governance controls are not in place. ACNC Commissioner the Hon Dr Gary Johns explains the risks of charity fraud and counter-measures for charities.