Register of Interests (Not For Profit)
This Register of Interest helps NFPs track and manage any conflicts of interests their board members may have.
(0 reviews)
Under 15 minutes
Suitable for Australia
Document Overview
This register helps charities track and manage any conflicts of interests their board members may have. Any interests should be disclosed to the officer responsible for managing this register, as well as to the board, as soon as possible. This register also helps to ensure compliance with Governance Standard 5 as set by the Australian Charities and Not-for-profits Commission, which states the following:
An organisation must take reasonable steps to make sure that its Responsible People are subject to, understand, and carry out the duties set out in Governance Standard 5. These duties include:
- to act with reasonable care and diligence
- to act honestly and fairly in the best interests of the charity and for its charitable purposes
- not to misuse their position or information they gain as a Responsible Person
- to disclose conflicts of interest
- to ensure that the financial affairs of the charity are managed responsibly, and
- not to allow the charity to operate while it is insolvent.
This document was adapted from a template on the ACNC website.
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