The Governement released a consultation paper on Thursday 8 December to help determine the core governance principles that should apply to Not-for-Profits (NFPs). The paper calls for input (in the form of submissions) from the NFP sector as well as from interested members of the public. Submissions close on 6 January 2012.

You can download a copy of the Governance Fact Sheet here. If you would like to read the Consultation paper itself click on: www.treasury.gov.au. Under the heading Published Information click on Reviews, Inquiries and Consultations. You will find it against the date of its release (8 December 2011).