An updated governance arrangement for RANZCO has been successfully implemented after a majority vote (89% approval) by its members, ensuring best practice for operating a not-for-profit (charity) company.
The need for change was identified by the Board and Council over a two-year period, involving extensive consultation to modernise the constitution in a rapidly-evolving health sector.
The new Constitution is compliant with Australian statutory requirements as dictated by both the Australian Securities and Investment Commission (ASIC) and the Australian Not-for-Profit and Charitable Commission (ACNC).
Key features of the new constitution are:
- Agreeing to abide by the RANZCO Code of Conduct that sets out behavioural expectations for members, is now a requirement of Membership.
- An expanded Council to better represent our broad Fellowship, with by-laws and regulations defined without ambiguity.
- Clear powers for the Board and Council, with mechanisms that will not allow too much power to be ceded to either group.
- Directors can now be drawn from all Fellows, not just a small pool of Councillors.
- Streamlined election and voting processes aligned to the needs of RANZCO and its members.
“We are delighted to update our governance structures which will strengthen our organisation for the future. It will mean stronger engagement with our Fellowship, opening communication lines and fostering collaboration on key issues that we face in the health and medical sector”, says Brad Horsburgh, RANZCO President.
For more information or to arrange an interview contact David Andrews at RANZCO on 61 2 9690 1001 and firstname.lastname@example.org