Board and Corporate Governance
The RAA is a mutual service organisation, the activities of which are governed by the RAA Constitution and by the Associations Incorporation Act 1985 (as amended). It is governed by a Board of non-executive Directors elected by RAA members and a Managing Director appointed by the Board.
The management and control of the funds and other property of the RAA are vested in the Board of Directors.
The RAA and the Board of Directors must act in accordance with the RAA Constitution and are bound by various statutory, common law and policy constraints in relation to the governance of the RAA.
To ensure the maintenance of the highest standards possible, the RAA’s governance policies, procedures and disclosure practices are also guided by certain provisions of the Corporations Act 2001 (as amended) and the Australian Stock Exchange – Corporate Governance Principles and Recommendations.
Although not legally bound by these requirements, the RAA has elected to adopt appropriate provisions in order to strengthen the administrative structures of the RAA and maintain the highest standards of integrity and accountability.
The links below summarise the governance of the organisation for the benefit of all members: