Changes to rules governing incorporated associations such as U3As will come into effect from July 2024, and its important that U3A committees address the new compliance rules set by the Queensland Office of Fair Trading.
Please read the document outlining the changes here and consider carefully the steps that your U3A needs to take to remain or become compliant. The topics outlined in the document are as follows:
- Dispute Resolution Procedures
- Remuneration Disclosure
- Audits and Verification of Financial Statements
- Australia Tax Office Requirements