Australian Charities and Not-for-profits Commission (Consequential and Transitional) Act 2012
4BInstitutions treated as separate entity
Start here
Get a plain-English read of 4B
Turn the raw legal text into a practical explanation grounded in Australian Charities and Not-for-profits Commission (Consequential and Transitional) Act 2012.
4B Institutions treated as separate entity
(1) The operator is treated as if it were 2 or 3 entities:
(a) the entity (the non‑institution sub‑entity) the operator would be if it did not include the institutions; and
(b) the entity (an institution sub‑entity) the operator would be if the operator included only the institutions (if any) mentioned in paragraph 4A(1)(a); and
(c) the entity (an institution sub‑entity) the operator would be if the operator included only the institutions (if any) mentioned in paragraph 4A(1)(b) or (c).
Effect of revocation of registration of institution sub‑entity
(2) From the time (if any) the Commissioner of the ACNC revokes under the ACNC Act the registration of an institution sub‑entity:
(a) paragraph (1)(a) has effect as if the reference in that paragraph to the institutions did not include a reference to the institutions included in the institution sub‑entity; and
(b) paragraph (1)(b) or (c) (whichever applies to the institution sub‑entity) has no effect.