Who We Are >> The Organisation
Organisational Structure (May 2010)
Governance
The Institute is a Company Limited By Guarantee regulated by ASIC and the Corporations Act (2001). Each member organisation makes an annual financial contribution to the Institute and is entitled to nominate one representative as a director on the board. There are also three independent (non-member) directors - the Chairperson of the Board, the Chairperson of the Finance and Audit Committee and the Executive Director. The Board, the Finance and Audit Committee and the Research Committee each meet four times a year and delegate the day to day management of the company to the Executive Director, who is the only board member to be remunerated. Except for special resolutions, which require a vote of 75%, other decisions are made by a majority of votes. Each director has one vote and the Chairperson does not have a casting vote.
The Company's Constitution stipulates that no profits are distributed to members, and on winding up, any surplus assets are to be transferred to another organisation with similar objectives. The Institute is listed on the Government Register of Environmental Organisations, giving it tax-deductibility status.
Funding
Being an independent, not-for-profit organisation, the Institute’s funding is derived from member contributions, project grants, sponsorship and benefaction. We welcome tax-deductible donations to further our work.
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