Charities are required to have a related party policy and process to enable them to prepare to report on related party transactions in the 2023 AIS to the ACNC.
The ACNC has launched a public consultation on what information it will seek from charities about related party transactions. It can be accessed here on the ACNC website
The ACNC has developed guidance in relation to related party transactions, which can be accessed on the ACNC website.
If you need assistance to develop a compliant policy or process please contact Lesleigh