(1) The Secretary may approve:
(a) an organisation registered under the Australian Charities and Not-for-profits Commission Act 2012 ; and
(b) an organisation that is not an ACNC type of entity;
that co-ordinates or provides residential care services to young people in Australia, as an approved care organisation, for the purposes of this Act.
(2) The Secretary may approve, under subsection (1), a registered charity which is wholly or partly funded by contributions from:
(a) the Consolidated Revenue Fund of the Commonwealth; or
(b) the consolidated revenue of a State or of the Australian Capital Territory or the Northern Territory.