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Governance Standard 5 requires charities to take reasonable steps to make sure that the following duties apply to Responsible People and that they follow them. The duties can be summarised as follows:

  • 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.

Generally, the duties mean that Responsible People should act with standards of integrity and common sense.

Read more about the duties of Responsible People.

Purpose of this standard

A charity must make sure that its Responsible People are required to meet a set of legal duties. This ensures that they act in the best interest of the charity and in a way that doesn't endanger its work.

Responsible People have a responsibility to put the interests of their charity above their own personal interests. Generally, they need to be careful and conscientious in their roles and act with standards of common sense and integrity.

The purpose of this standard is to give the public confidence that a charity’s Responsible People are managing the charity well and meeting these duties.

Ways to meet this standard

Steps your charity can take to meet this standard:

  • bring these duties to the attention of Responsible People (such as providing them with a copy of this guidance or other resources)
  • outline their duties in a letter of appointment or by setting them out in a board or committee charter
  • regularly provide information or training to Responsible People on their duties to refresh their knowledge (such as by advising of ACNC webinars on relevant topics)
  • encourage Responsible People to attend, prepare for, and participate in meetings
  • have processes for the responsible management of money
  • have processes in place to manage conflicts of interests, and
  • take action if Responsible People are failing to meet their duties.

Other laws on the duties of Responsible People

A charity’s Responsible People may already be subject to duties under other laws that apply to the charity. For example:

  • equivalent duties exist in state or territory incorporated associations legislation – if your charity and its Responsible People comply with these duties, your charity will meet this standard
  • for companies under the Corporations Act 2001 (Cth), the Governance Standards replace most requirements relating to director duties under this Act – however, some criminal offences under this Act and similar duties under common law continue to apply (read more about the changes for charities registered with ASIC and ACNC)
  • trustees will generally have higher duties (for example, under the common law).

Case studies

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