Australian government to crack down on NDIS shell company sales with new registration rules from July 1
By
Bronwyn Herbert, Rhiannon Hobbins
Summary
The Australian federal government is introducing tougher regulations to curb the sale of pre-registered NDIS shell companies, which are being sold to bypass scrutiny. From July 1, new obligations will require disability service providers to notify the NDIS Quality and Safeguards Commission (QSC) when a sale is likely, and mandatory re-audits will be triggered if ownership changes significantly alter business operations. The crackdown addresses the growing trade in "off-the-shelf" NDIS providers amid high demand and complex compliance requirements.
Source
bskyAustralian government to crack down on NDIS shell company sales with new registration rules from July 1abc.net.auKey quotes
· 3 pulledThe federal government is moving to crack down on the growing trade in 'off-the-shelf' National Disability Insurance Scheme (NDIS) providers, announcing tougher rules to stop pre-registered shell companies being sold to bypass scrutiny.
From July 1, new obligations will require disability service providers to notify the NDIS watchdog, the Quality and Safeguards Commission (QSC), as soon as a sale is likely, with mandatory re-audits triggered if ownership changes significantly alter how the business is run.
The high demand for NDIS services and complexity of becoming fully compliant with new prov
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