In this issue we share the fifth in a series of six articles covering the duties of Board Members of registered charities. The topic for this month is the duty to disclose and manage conflicts of interest. The last topic in this series will be "Not to allow a charity to operate while insolvent" and will be published in the February 2016 edition of Not-for-Profit Law Notes.
Inside this issue we also look at 3 of the most common Trade Mark Myths for charities and share some news from the Australian Taxation Office.
As this is the last Not-for-Profit Law Notes for 2015, we would like to take this opportunity to wish you a safe and happy Christmas and holiday season. The next edition of Not-for-Profit Law Notes will be arriving in your inbox in February 2016.
ACNC Governance Standards:
Duty to disclose and manage conflicts of interest
Over the past five months we have been examining the significant duties of board members of registered charities. We have dealt with the duty of board members:
Registering a trade mark is a powerful way of protecting an organisationâ€™s name, regardless of whether it is a commercial entity, or a not-for-profit. In this article, we address three of the most common trade mark myths for charities.
If your organisation is an endorsed income tax exempt entity or a deductible gift recipient who applied for and received a refund of franking credits during the 2013-14 income year, you should have received a mailout from the ATO with the necessary form to claim a refund of franking credits for the 2014-15 income year.
A number of products are available on the ATO website to assist you with your refund of franking credits.
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