limited by guarantee, incorporated under the
Corporations Act 2001. The purpose of the company is
to secure and protect Australia's biodiversity and natural
landscapes. The Board of Directors is responsible for
the governance of the company and for ensuring that
business activities are directed towards achieving the
company's purpose. This governance statement outlines
how the Board meets that responsibility.
Bush Heritage by:
management, internal compliance and control
are in place
capital expenditure and management of properties
in accordance with legal and regulatory requirements
senior managers.
for Bush Heritage's day-to-day operation and
administration to the Chief Executive.
organisation and is responsible for achieving the results
set out in the Strategic Plan and Annual Business Plan
and is authorised by the Board to put in place policies
and practices, take decisions and actions and initiate
activities to achieve those results.
meeting at least quarterly, where it receives detailed
reports from management.
to the Board and management on particular aspects
of Bush Heritage's operations and administration.
by the Board which sets out the committee's purpose,
membership and responsibilities. The Board is
currently supported by the following committees,
with membership consisting primarily of directors
with support from specialist advisers.
The Conservation Committee reviews and
recommends development, implementation and
review of Bush Heritage's approach to biodiversity
conservation. It provides review of all acquisition
proposals and monitors reserve and partnership
planning and implementation.
The Finance and Audit Committee reviews and
recommends approval of the annual operating
budget, reviews financial results, monitors management
of financial assets including performance of the
investment portfolio, and monitors auditing and
risk management procedures.