Senate debates Bills

Australian Charities and Not-for-profits Commission Bill 2012, Australian Charities and Not-for-profits Commission (Consequential and Transitional) Bill 2012; In Committee


Penny Wong

Penny Wong SA, Australian Labor Party, Minister for Finance and Deregulation

11:31 am

We have a very clear set of requirements under our regulatory assessment process. The costs of compliance, for whichever entity, are part of that assessment process. We do not differentiate between for-profit and not-for-profit; you still have to look at the costs of compliance.

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