Trustee Corporations Association of Australia

Size: px
Start display at page:

Download "Trustee Corporations Association of Australia"

Transcription

1 Submissi~rn N. Date Received LA-cA Trustee Crpratins Assciatin f Australia Submissin t Huse f Representatives Legal and Cnstitutinal Affairs Cmmittee Inquiry int Older Peple and the Law Nvember 2006

2 Older Peple and the Law Intrductin The Trustee Crpratins Assciatin f Australia (TCA) is the peak representative bdy fr the statutry trustee crpratins industry in Australia. Our 17 member rganisatins include all f the Public Trustees and the great majrity f the 11 private trustee crpratins (see attachment). Trustee crpratins prvide a wide range f wealth management prducts and services t individual, family and crprate clients. Services include: estate planning ad ministering deceased estates acting as trustee f persnal trusts administering client assets under Pwers fattrney acting as financial manager fr peple unable t lk after their wn affairs administering charitable trusts and fundatins acting as trustee r administratr fr superannuatin funds acting as crprate trustee I custdian fr managed funds, debenture and nte issues, and securitisatin prgrams Each year, ur members: administer abut 11,000 deceased estates manage assets under attrney I agency arrangements r curt rders fr abut 45,000 peple administer ver 1,700 charitable trusts manage abut 20,000 ther trusts We are pleased t ffer cmments t the Cmmittee s Inquiry int Older Peple and the Law, particularly as a cre fcus f ur members business is meeting the needs f the ageing ppulatin. Trustee crpratins have been acting as attrney fr peple lacking capacity fr many years - they are licensed and regulated by State/Territry gvernments, and fluswe Crpratins Assciatin qfaustralia Nvember 2006 I

3 Older Peple and the Law have the necessary expertise and resurces t prperly handle the task. als ffer independence, accuntability, and perpetuity. They This submissin deals with the specific issues f fraud and financial abuse affecting lder Australians, and lks at measures t address these cncerns. Crnments The challenge facing lder peple Fr many elderly peple, managing their financial affairs can becme a challenging and ptentially stressful task. This is particularly s when cmmn cnditins assciated with ageing, such as dementia, are invlved. Cping with this challenge is made mre difficult by the cmplexity f the legal framewrk and the taxatin system (ntwithstanding the initiatives in the Cmmnwealth Gvernment s recent Simpler Super prject). Elderly peple s financial assets these days are increasingly likely t cmprise a greater range f financial prducts than in the past eg: shares, managed funds, and prperty (pssibly including interstate assets such as a investment prperty). hliday huse r Further, peple are living lnger and may need assistance with managing their assets fr quite a few years. This culd place increasing strain n well-intentined family members r carers wh ften assist the elderly with their financial affairs. Whilst errrs r mismanagement may smetimes ccur in thse situatins, the cnsequences might nt be verly detrimental t the wellbeing f the elderly persn invlved. Unfrtunately, deliberate financial abuse and explitatin f the elderly als ccurs. This is f greater cncern as it is likely t have a mre detrimental impact in terms f leaving lder peple withut sufficient funds t maintain a reasnable standard f living during their later years f life. Meeting the challenge It is generally wise fr peple t give early attentin t ways in which their financial assets can be managed and prtected. In terms f reducing ptential financial abuse f lder peple, a Pwer f Attrney is particularly imprtant. Trustee Grpratins Assciatin faustrahia Nvember

4 Older Peple and the Law A general Pwer f Attrney permits a persn (the dnr) t cnfer legal authrity n anther persn (the attrney) t make varius financial (and smetimes ther) decisins n behalf f the dnr - eg while the dnr is verseas fr an extended perid. This pwer ceases t have effect when the dnr revkes it r lses mental capacity. An Enduring Pwer f Attrney (EPA), n the ther hand, remains perative after the dnr lses mental capacity, and thus is a valuable means f ensuring that lder peple s wishes in relatin t their financial affairs cntinue t be carried ut. An EPA is a practical, flexible and relatively cheap instrument, which can be revked r altered whilst ever the dnr has legal capacity. The fact that legislatin cvering pwers f attrney is State I Territry based can add t the cmplexity f managing the financial affairs f lder peple. Hwever, there have been steps taken by the respective gvernments in recent years t strengthen frmal pwer f attrney requirements, achieve greater unifrmity acrss Australia and enhance recgnitin f interstate instruments Recent imprvements Recent imprvements in the requirements relating t the executin and peratin f EPAs have vercme sme f the uncertainties that previusly existed in respect f the creatin and peratin f these instruments. The changes, which generally can be expected t help prtect dnrs, include: prviding infrmatin in the instrument itself aimed at giving the dnr State and Territry gvernments have als develped mdel legislatin cvering the making f a will, anther imprtant instrument that elderly peple in particular shuld prepare. T make a valid will, a persn must: understand that they are making a will, exercise genuine free chice, understand the prperty being dispsed f and the manner f its dispsitin, and be free f mental disrder. Specific legal requirements must be met and precise meaning cnveyed. If the language in the dcument is ambiguus, it may be necessary fr the Curt t prvide judicial interpretatin. Apart frm adding t csts, the utcme may fail t reflect the wishes f the deceased, despite best endeavurs. Thus, prfessinal advice shuld be cnsidered when preparing a will, particularly if the prspective estate is cmplex, r the family situatin invlves a beneficiary, such as a disabled child, with special needs. Trustee Crpratins Assciatin faustrahia Nvember 2006 S

5 Older Peple and the Law a full appreciatin f the nature and imprtance f the dcument, eg: the desirability f the dnr seeking legal advice prir t executin; the fact that the pwer is nt t be used after the dnr s death; specifying cnditins and limitatins that attach t the attrney s pwers; nting that health and lifestyle decisins are made by guardians and nt attrneys; * highlighting that the attrney has a respnsibility t always act in the best interest f the dnr, t keep the attrney s wn mney and prperty separate frm that f the principal, and t keep apprpriate accunts and recrds; it is imprtant that the appinted attrney nt nly be a party trusted by the dnr t handle the fiduciary respnsibilities invlved, but als be cmpetent t d s. the dnr must specify the time that the pwer is t cmmence, ie: frm the time the dcument is executed, frm a certain date; r n a particular event, such as the dnr being deemed t have lst capacity; requiring the dnr t specify whether r nt the attrney can take a benefit (r cnfer a benefit n a third party) and if s, what is t be the extent f that benefit; this avids unlimited access f an attrney t the dnr s assets withut express prir apprval; tighter witness requirements, which aim t ensure that an apprpriate persn attests that the nature and imprtance f the dcument was explained t, and appeared t be understd by, the dnr; the need fr the attrney t frmally accept the appintment; this ensures that the nminated persn is aware that they have been Trustee Crpratins Assciatin faustrahia Nvember

6 Older Peple and the Law nminated, and has the pprtunity t decline. It shuld make it mre likely that a persn suitable and available takes n the rle. Having the attrney s signature n the dcument als assists financial institutins etc in verifying the attrney s identity when the pwer is being used; allwing fr greater recgnitin f EPAs prepared in ther States and Territries. Pssible further imdrvements 1. EPA register There have been suggestins that a central (electrnic) register f EPAs shuld be established. At present, EPAs generally nly need t be registered if the attrney is ging t lease, sell r mrtgage the dnrs huse r, in sme cases, sell I deal in the dnr s shares. Uncertainty abut wh might have been nminated t lk after the financial affairs f a particular persn can cause practical prblems. We are aware f situatins where a persn has lst capacity and an administratr has been appinted by the Curt, nly t later discver that a member trustee crpratin had earlier been appinted by that persn as their attrney under an EPA. Extending registratin t all EPAs wuld seem t ffer ptential benefits in terms f enhanced accuntability fr attrneys and easier mnitring f dealings under EPAs by the authrities. Als, were such a register publicly accessible, the bna fides f an attrney culd be mre readily checked. In ur members experience, many banks and ther institutins have ver-the-tp and I r incnsistent prcesses befre accepting the validity f an EPA. prcess fr being recgnised as the attrney wuld be a useful practical step. A nn-cmpulsry register might be f limited value. A clear Further, if registratin were t be adpted, it shuld be dne n a natinal basis. Cncerns wuld arise with regard t crss-recgnitin and jurisdictin-hpping if EPAs were registered in sme jurisdictins nly. Trustee Crpratins Assciatin faustrahia Nvember

7 On the ther hand, a register system ptentially wuld be very cstly. Older Peple and the Law It culd als raise privacy cncerns. It is pssible that many elderly peple wuld elect t d withut an EPA if they felt that their privacy wuld be cmprmised by registratin. If this were the case, a registratin requirement might prve cunterprductive. We believe that this issue warrants further careful thught and cnsultatin with interested parties. 2. Strengthening reprting by and mnitring f attrneys Whilst attrneys, administratrs and trustees all act in a fiduciary capacity, nly administratrs and trustees are required t invest funds under their cntrl in accrdance with the prudent persn principle, as cdified in the varius reginal Trustee Acts. Cnsideratin might be given t attrneys als being required t manage a dnr s funds in accrdance with that principle. Further, attrneys culd be required t submit regular reprts f their financial dealings under an EPA, eg an annual statement (ur members have fund that there is ften uncertainty n the part f nn-prfessinal attrneys as regards the nature f the recrds they are required t keep). Enhanced mnitring f attrneys might take the frm f auditing the submitted accunts n a randm basis, which culd be expected t help discurage inapprpriate behaviur. Such a step wuld require mre resurces fr the relevant regulatry bdies, and the added csts invlved wuld need t be weighed up against the expected benefits. Sme trustee crpratins already carry ut a similar functin in terms f reviewing the activities f private administratrs appinted by Curts and tribunals in varius circumstances, eg t manage intestacies r the affairs f peple with impaired decisin-making abilities, and wuld be well placed t take n a similar rle in respect f private attrneys. Trustee Crpratins Assciatin faustralia Nveinher

8 Older Peple and the Law Canacity assessment Deciding exactly when a persn has lst their mental capacity is a very difficult issue. This, f curse, is crucial in terms f their legal ability t execute a will r pwer f attrney, r in determining when an EPA shuld be enfrced. Questins that ften arise include: what is cnsidered prf f lss f capacity? can an attrney rely n a GP s certificate r is an experts reprt required? Als, a persn can be legally capable in respect f sme aspects f their affairs but nt thers (eg as in Old). As is the case with ther areas f reginal legislatin, effrts are being made t achieve greater unifrmity f apprach acrss the varius jurisdictins, which wuld be helpful in dealing with many f the issues assciated with the ageing ppulatin. Trustee Crpratins Assciatin faustralia Nvember

9 Older Peple and the Law Attachment Trustee Crpratins Assciatin f Australia Members ANZ Executrs & Trustee Cmpany Ltd Australian Executr Trustees Ltd Elders Trustees Ltd Equity Trustees Ltd Natinal Australia Trustees Ltd Perpetual Ltd Public Trustee fr the ACT Public Trustee New Suth Wales Public Trustee fr the Nrthern Territry The Public Trustee f Queensland Public Trustee Suth Australia The Public Trustee Tasmania Public Trustee Western Australia Sandhurst Trustees Ltd State Trustees Ltd Tasmanian Perpetual Trustees Ltd Trust Cmpany Ltd Trt~stee Crpratins Assciatin faustralia Nvember 2006 I

Public consultation paper

Public consultation paper Public cnsultatin paper Nvember 2012 Public cnsultatin n guidelines fr prfessinal indemnity insurance arrangements fr nurses and nurse practitiners. Please prvide feedback by email t: nmbafeedback@ahpra.gv.au

More information

Handling professional conduct complaints against doctors

Handling professional conduct complaints against doctors Handling prfessinal cnduct cmplaints against dctrs Handling prfessinal cnduct cmplaints against dctrs Handling prfessinal cnduct cmplaints against dctrs Avant supprts: à a natinally cnsistent apprach t

More information

Professional indemnity insurance arrangements for enrolled nurses, registered nurses and nurse practitioners

Professional indemnity insurance arrangements for enrolled nurses, registered nurses and nurse practitioners Guideline August 2013 Prfessinal indemnity insurance arrangements fr enrlled nurses, registered nurses and nurse practitiners Intrductin This guideline has been develped by the Nursing and Midwifery Bard

More information

CASSOWARY COAST REGIONAL COUNCIL POLICY ENTERPRISE RISK MANAGEMENT

CASSOWARY COAST REGIONAL COUNCIL POLICY ENTERPRISE RISK MANAGEMENT CASSOWARY COAST REGIONAL COUNCIL POLICY ENTERPRISE RISK MANAGEMENT Plicy Number: 2.20 1. Authrity Lcal Gvernment Act 2009 Lcal Gvernment Regulatin 2012 AS/NZS ISO 31000-2009 Risk Management Principles

More information

Key Steps for Organizations in Responding to Privacy Breaches

Key Steps for Organizations in Responding to Privacy Breaches Key Steps fr Organizatins in Respnding t Privacy Breaches Purpse The purpse f this dcument is t prvide guidance t private sectr rganizatins, bth small and large, when a privacy breach ccurs. Organizatins

More information

The chief executive officer and the chief finance officer are ex-officio members of the board.

The chief executive officer and the chief finance officer are ex-officio members of the board. DATATEC LIMITED BOARD CHARTER / TERMS OF REFERENCE 1. CONSTITUTION The primary bjective f the Cmpany s Bard Charter is t set ut the rle and respnsibilities f the Bard f Directrs ( the Bard ) as well as

More information

IFRS Discussion Group

IFRS Discussion Group IFRS Discussin Grup Reprt n the Public Meeting February 26, 2014 The IFRS Discussin Grup is a discussin frum nly. The Grup s purpse is t assist the Accunting Standards Bard (AcSB) regarding issues arising

More information

DALBAR Due Diligence: Trust, but Verify

DALBAR Due Diligence: Trust, but Verify BEST INTEREST INVESTMENT RECOMMENDATIONS Advisr Rle under Best Interest Regulatins January 27, 2016 In the era when the cntractual bligatin is t act in the client s best interest, investment decisins can

More information

Financial advisory and taxation services in Australia

Financial advisory and taxation services in Australia Financial advisry and taxatin services in Australia CPA Australia The Institute f Chartered Accuntants in Australia The Natinal Institute f Accuntants Intrductin: Access t financial and tax advice Cnsumers

More information

Data Protection Act Data security breach management

Data Protection Act Data security breach management Data Prtectin Act Data security breach management The seventh data prtectin principle requires that rganisatins prcessing persnal data take apprpriate measures against unauthrised r unlawful prcessing

More information

Financial Accountability Handbook

Financial Accountability Handbook Financial Accuntability Handbk >> Vlume 4 Mnitring/assessment Infrmatin Sheet 4.2 Statement by Chief Finance Officer Intrductin Accuntable fficers and statutry bdies are respnsible fr the efficient, effective

More information

CORPORATIONS LAW SUMMARY

CORPORATIONS LAW SUMMARY CORPORATIONS LAW SUMMARY LAWSKOOL PTY LTD Cntents INTRODUCTION 5 Frms f Legal Assciatin 5 Administrative and Legislative Structure f Australian 5 Crpratins Law SEPARATE LEGAL ENTITY 7 Classifying Cmpanies

More information

Framework Agreement between the Department of Health and Public Health England. Annex C: Public-Facing Communications

Framework Agreement between the Department of Health and Public Health England. Annex C: Public-Facing Communications Framewrk Agreement between the Department f Health and Public Health England Annex C: Public-Facing Cmmunicatins Framewrk Agreement between the Department f Health and Public Health England: Annex C Annex

More information

Primarily Norwich. Board of Trustees (Executive Committee)

Primarily Norwich. Board of Trustees (Executive Committee) Trustee Break Remuneratin Lcatin The rle f Trustee is nt accmpanied by any financial remuneratin, althugh expenses fr travel may be claimed. Primarily Nrwich Time cmmitment A minimum f 4 Bard meetings

More information

Personal Data Security Breach Management Policy

Personal Data Security Breach Management Policy Persnal Data Security Breach Management Plicy 1.0 Purpse The Data Prtectin Acts 1988 and 2003 impse bligatins n data cntrllers in Western Care Assciatin t prcess persnal data entrusted t them in a manner

More information

INTERNATIONAL STANDARD ON AUDITING 265 COMMUNICATING DEFICIENCIES IN INTERNAL CONTROL TO THOSE CHARGED WITH GOVERNANCE AND MANAGEMENT CONTENTS

INTERNATIONAL STANDARD ON AUDITING 265 COMMUNICATING DEFICIENCIES IN INTERNAL CONTROL TO THOSE CHARGED WITH GOVERNANCE AND MANAGEMENT CONTENTS INTERNATIONAL STANDARD ON AUDITING 265 COMMUNICATING DEFICIENCIES IN INTERNAL CONTROL TO THOSE CHARGED WITH GOVERNANCE AND MANAGEMENT (Effective fr audits f financial statements fr perids beginning n r

More information

NON BINDING GUIDANCE TO ENSURE A MINIMUM

NON BINDING GUIDANCE TO ENSURE A MINIMUM Dc.1598_EN NON BINDING GUIDANCE TO ENSURE A MINIMUM STANDARD OF COMPETENCE OF PERSONS WHO CARRY- OUT PERIODIC AND ASSEMBLY EXAMINATIONS OF TOWER AND MOBILE CRANES SLIC - Senir Labur Inspectrs Cmmittee

More information

THE CITY UNIVERSITY OF NEW YORK IDENTITY THEFT PREVENTION PROGRAM

THE CITY UNIVERSITY OF NEW YORK IDENTITY THEFT PREVENTION PROGRAM THE CITY UNIVERSITY OF NEW YORK IDENTITY THEFT PREVENTION PROGRAM 1. Prgram Adptin The City University f New Yrk (the "University") develped this Identity Theft Preventin Prgram (the "Prgram") pursuant

More information

10 th May 2010. Dear Peter, Re: Audit Quality in Australia: A Strategic Review

10 th May 2010. Dear Peter, Re: Audit Quality in Australia: A Strategic Review 10 th May 2010 Mr. Peter Levy Audit Quality Strategic Review Crpratins and Financial Services Divisin The Treasury Langtn Crescent PARKES ACT 2600 Dear Peter, Re: Audit Quality in Australia: A Strategic

More information

Communal Property Institution Capacity Assessment Tool

Communal Property Institution Capacity Assessment Tool Cmmunal Prperty Institutin Capacity Assessment Tl Intrductin t cmmunal prperty institutins Cmmunal prperty institutins (CPIs) Participants in the land refrm prgramme can hld prperty thrugh different frms

More information

Project Management Fact Sheet:

Project Management Fact Sheet: Prject Fact Sheet: Managing Small Prjects Versin: 1.2, Nvember 2008 DISCLAIMER This material has been prepared fr use by Tasmanian Gvernment agencies and Instrumentalities. It fllws that this material

More information

National Australia Bank Limited Group Disclosure & External Communications Policy

National Australia Bank Limited Group Disclosure & External Communications Policy Natinal Australia Bank Limited Grup Disclsure & External Cmmunicatins Plicy Grup Disclsure & External Cmmunicatins Plicy Page 2 f 7 Grup Disclsure & External Cmmunicatins Plicy ( the Plicy ) 1. Overview

More information

Audit Committee Charter. St Andrew s Insurance (Australia) Pty Ltd St Andrew s Life Insurance Pty Ltd St Andrew s Australia Services Pty Ltd

Audit Committee Charter. St Andrew s Insurance (Australia) Pty Ltd St Andrew s Life Insurance Pty Ltd St Andrew s Australia Services Pty Ltd Audit Cmmittee Charter St Andrew s Insurance (Australia) Pty Ltd St Andrew s Life Insurance Pty Ltd St Andrew s Australia Services Pty Ltd Versin 2.0, 22 February 2016 Apprver Bard f Directrs St Andrew

More information

NSW FAIR TRADING. Real Estate Fraud Prevention Guidelines

NSW FAIR TRADING. Real Estate Fraud Prevention Guidelines NSW FAIR TRADING Real Estate Fraud Preventin Guidelines Real Estate Fraud Preventin Guidelines Cntents 1. Intrductin..... 2 2. Backgrund.. 2 3. The Law.. 2 4. Cmmissiner s Guidance.... 3 5. Prescribed

More information

FINANCIAL OPTIONS. 2. For non-insured patients, payment is due on the day of service.

FINANCIAL OPTIONS. 2. For non-insured patients, payment is due on the day of service. FINANCIAL OPTIONS 1. Fr thse patients wh carry dental insurance, all c-payments are due n date f service. We will file yur claim as a service t yu, and will d ur very best t maximize yur benefits. We accept

More information

LASTING POWER OF ATTORNEY EXPLANATORY LEAFLET

LASTING POWER OF ATTORNEY EXPLANATORY LEAFLET LASTING POWER OF ATTORNEY EXPLANATORY LEAFLET A Pwer f Attrney is a legal dcument where a persn gives anther persn r persns (the Attrney) authrity t make certain decisins n his r her behalf. A Lasting

More information

Draft for consultation

Draft for consultation Draft fr cnsultatin Draft Cde f Practice n discipline and grievance May 2008 Further infrmatin is available frm www.acas.rg.uk CONSULTATION ON REVISED ACAS CODE OF PRACTICE ON DISCIPLINE AND GRIEVANCE

More information

MANITOBA SECURITIES COMMISSION STRATEGIC PLAN 2013-2016

MANITOBA SECURITIES COMMISSION STRATEGIC PLAN 2013-2016 MANITOBA SECURITIES COMMISSION STRATEGIC PLAN 2013-2016 The Manitba Securities Cmmissin (the Cmmissin) is a divisin f the Manitba Financial Services Agency (MFSA). The ther divisin is the Financial Institutins

More information

YOUR DUTIES AS EXECUTOR

YOUR DUTIES AS EXECUTOR Gibney & Gunsn LAWYERS New Suth Wales & Victria YOUR DUTIES AS EXECUTOR The funeral Yu may be required t make the funeral arrangements. In mst instances, clse family r friends attend t funeral arrangements

More information

Gravesham Borough Council

Gravesham Borough Council Classificatin: Part 1 Public Key Decisin: Please specify - N Gravesham Brugh Cuncil Reprt t: Perfrmance and Administratin Cmmittee Date: 12 Nvember 2015 Reprting fficer: Subject: Crprate Perfrmance Manager

More information

How to Write a Constitution for your Softball Association

How to Write a Constitution for your Softball Association Hw t Write a Cnstitutin fr yur Sftball Assciatin As the leaders f a Sftball Assciatin, yu need t understand the imprtance f a cnstitutin. A cnstitutin is simply a set f written rules r an agreement gverning

More information

Corporate Standards for data quality and the collation of data for external presentation

Corporate Standards for data quality and the collation of data for external presentation The University f Kent Crprate Standards fr data quality and the cllatin f data fr external presentatin This paper intrduces a set f standards with the aim f safeguarding the University s psitin in published

More information

General Records Authority 33. Accredited Training

General Records Authority 33. Accredited Training General Recrds Authrity 33 2012/00579704 Accredited Training February 2013 This is an accurate reprductin f the authrised recrds authrity cntent, created fr accessibility purpses CONTENTS INTRODUCTION

More information

Change Management Process

Change Management Process Change Management Prcess B1.10 Change Management Prcess 1. Intrductin This plicy utlines [Yur Cmpany] s apprach t managing change within the rganisatin. All changes in strategy, activities and prcesses

More information

How much life insurance do I need? Wrong question!

How much life insurance do I need? Wrong question! Hw much life insurance d I need? Wrng questin! We are ften asked this questin r sme variatin f it. We believe it is NOT the right questin t ask. What yu REALLY need is mney, cash. S the questin shuld be

More information

australian nursing federation

australian nursing federation australian nursing federatin Submissin t the public cnsultatin n the Nursing and Midwifery Bard f Australia draft Guidelines fr prfessinal indemnity insurance arrangements fr nurses and nurse practitiners

More information

Malpractice and Maladministration Policy

Malpractice and Maladministration Policy TR340 Malpractice and Maladministratin Plicy This plicy aims t: Define malpractice and maladministratin in the cntext f CIM/CAM studying members, Accredited study centres (ASCs), examinatin centres, invigilatrs

More information

Australian Institute of Psychology. Human Research Ethics Committee. Terms of Reference

Australian Institute of Psychology. Human Research Ethics Committee. Terms of Reference Australian Institute f Psychlgy Human Research Ethics Cmmittee Terms f Reference What is research? Accrding t the Natinal Statement research... is widely understd t include at least investigatin undertaken

More information

There are a number of themed areas for which the Council has responsibility, and each of these is likely to generate debts of a specific type:

There are a number of themed areas for which the Council has responsibility, and each of these is likely to generate debts of a specific type: Wiltshire Cuncil Crprate Debt Recvery Plicy: 29102010 WILTSHIRE COUNCIL CORPORATE DEBT RECOVERY POLICY 1. Intrductin The Cuncil raises a significant prprtin f its ttal incmes thrugh lcal taxes and charges,

More information

Small Business, Enterprise and Employment Bill: Insolvency fact sheets Contents

Small Business, Enterprise and Employment Bill: Insolvency fact sheets Contents 1 Small Business, Enterprise and Emplyment Bill: Inslvency fact sheets Cntents Directr Disqualificatin and Inslvency General Aims... 2 Administratin: sales t cnnected persns (prepack administratins)...

More information

Disability Support Pension medical appeals. What are the medical criteria for Disability Support Pension?

Disability Support Pension medical appeals. What are the medical criteria for Disability Support Pension? Disability Supprt Pensin factsheet Disability Supprt Pensin medical appeals If yur applicatin fr Disability Supprt Pensin has been rejected n medical grunds, yu have the right t appeal. This factsheet

More information

KERRY ROGERS, DIRECTOR OF CORPORATE SERVICES/COMPANY SECRETARY

KERRY ROGERS, DIRECTOR OF CORPORATE SERVICES/COMPANY SECRETARY Bard f Directrs Meeting Reprt Subject: Gvernance Framewrk Date: 30 th Octber 2014 Authr: KERRY ROGERS, DIRECTOR OF CORPORATE SERVICES/COMPANY SECRETARY Lead Directr: KERRY ROGERS BACKGROUND A Bard s prpsed

More information

Recognition of Prior Learning (RPL) Policy Academic Year

Recognition of Prior Learning (RPL) Policy Academic Year Recgnitin f Prir Learning (RPL) Plicy Academic Year 2016-17 Authr: Name: J Kelly Jb Title: Directr f Quality, Supprt and HE Date plicy reviewed. 12/09/16 Date plicy t be reviewed 30/08/17 Impact assessed

More information

Municipal Advisor Registration

Municipal Advisor Registration FACT SHEET Municipal Advisr Registratin SEC Open Meeting Sept. 18, 2013 The Securities and Exchange Cmmissin tday will cnsider whether t adpt a rule that wuld establish a permanent registratin regime fr

More information

Annex 01 Recommendation #1: Establishing an Empowered Community for Enforcing Community Power

Annex 01 Recommendation #1: Establishing an Empowered Community for Enforcing Community Power Annex 01 - Recmmendatin #1 Annex 01 Recmmendatin #1: Establishing an Empwered Cmmunity fr Enfrcing Cmmunity Pwer 1. Summary Under Califrnia law and the current Bylaws f the Internet Crpratin fr Assigned

More information

We wish to submit the attached in respect Retirement Savings Portability Consultation document released on 21 October 2009

We wish to submit the attached in respect Retirement Savings Portability Consultation document released on 21 October 2009 PO Bx 19 194, Wellingtn Level 2, 49 53 Curtenay Place Wellingtn, New Zealand Tel: +64 4 381 3382 Fax: +64 4 381 3392 Email: inf@xtra.c.nz Website: www.asfnz.rg.nz 2 Nvember 2009 Chris Gillin Inland Revenue

More information

Consultation Paper CP 1/06. Invitation to Comment on the Matter of Legal Protection of the Term Accountant

Consultation Paper CP 1/06. Invitation to Comment on the Matter of Legal Protection of the Term Accountant Cnsultatin Paper CP 1/06 Invitatin t Cmment n the Matter f Legal Prtectin f the Term Accuntant 1 Cnsultatin Paper CP 1/06 Invitatin t Cmment n the Matter f Legal Prtectin f the Term Accuntant Table f Cntents

More information

Hampton Roads Orthopaedics & Sports Medicine. Notice of Privacy Practices

Hampton Roads Orthopaedics & Sports Medicine. Notice of Privacy Practices This is being prvided t yu as a requirement f the privacy regulatins issued under the Health Insurance Prtability and Accuntability Act f 1996 (HIPAA). This ntice describes hw HROSM may use and disclse

More information

Business Continuity Management Policy

Business Continuity Management Policy Business Cntinuity Management Plicy Versin: 1.0 Last Amendment: Apprved by: Library Cuncil f New Suth Wales Plicy wner/spnsr: Directr, Operatins and Chief Financial Officer Plicy Cntact Officer: Senir

More information

Internal Audit Charter and operating standards

Internal Audit Charter and operating standards Internal Audit Charter and perating standards 2 1 verview This dcument sets ut the basis fr internal audit: (i) the Internal Audit charter, which establishes the framewrk fr Internal Audit; and (ii) hw

More information

Sources of Federal Government and Employee Information

Sources of Federal Government and Employee Information Inf Surce Surces f Federal Gvernment and Emplyee Infrmatin Ridley Terminals Inc. TABLE OF CONTENTS General Infrmatin Intrductin t Inf Surce Backgrund Respnsibilities Institutinal Functins, Prgram and Activities

More information

A Guide to Buying Foreclosures

A Guide to Buying Foreclosures A Guide t Buying Freclsures Use this step by step guide t better understand the freclsure market and the prcess invlved in purchasing these prperties. 9 Steps t help yu buy a freclsure. A Guide t Buying

More information

We will record and prepare documents based off the information presented

We will record and prepare documents based off the information presented Dear Client: We appreciate the pprtunity f wrking with yu regarding yur Payrll needs. T ensure a cmplete understanding between us, we are setting frth the pertinent infrmatin abut the services that we

More information

Software Quality Assurance

Software Quality Assurance Sftware Quality Assurance Is it the same as Testing? Teji Chpra, Senir Test Cnsultant Planit Sftware Testing Abstract This paper attempts t dispel sme cmmn miscnceptins regarding the rles f Testing and

More information

Practicing Good Financial Stewardship in Your Family with Estate Planning

Practicing Good Financial Stewardship in Your Family with Estate Planning Practicing Gd Financial Stewardship in Yur Family with Estate Planning The First Presbyterian Church f La Grange May 11, 2014 Presented by Michael O Reilly Executive Vice President and Trust Officer THE

More information

Talking to parents about child protection

Talking to parents about child protection Talking t parents abut child prtectin Adapted fr NI frm Prtecting Children Update, April 2009 Jenni Whitehead discusses the difficulties faced by designated teachers, r child prtectin crdinatrs, in talking

More information

Heythrop College Disciplinary Procedure for Support Staff

Heythrop College Disciplinary Procedure for Support Staff Heythrp Cllege Disciplinary Prcedure fr Supprt Staff Intrductin 1. This prcedural dcument des nt apply t thse academic-related staff wh are mentined in the Cllege s Ordinance, namely the Librarian and

More information

BCS, THE CHARTERED INSTITUTE FOR IT TRUSTEE BOARD REGULATIONS - SCHEDULE 3 CODE OF CONDUCT FOR BCS MEMBERS

BCS, THE CHARTERED INSTITUTE FOR IT TRUSTEE BOARD REGULATIONS - SCHEDULE 3 CODE OF CONDUCT FOR BCS MEMBERS Intrductin BCS, THE CHARTERED INSTITUTE FOR IT TRUSTEE BOARD REGULATIONS - SCHEDULE 3 CODE OF CONDUCT FOR BCS MEMBERS As a prfessinal bdy the British Cmputer Sciety (knwn as BCS, the Chartered Institute

More information

Philadelphia Pittsburgh www.elc- pa.org

Philadelphia Pittsburgh www.elc- pa.org Philadelphia Pittsburgh www.elc- pa.rg The Schl District Financial Recvery Law (Act 141) and Basic Educatin Funding Frmulas Act 141, the Schl District Financial Recvery Law ( financially distressed schl

More information

Grant Application Writing Tips and Tricks

Grant Application Writing Tips and Tricks Grant Applicatin Writing Tips and Tricks Grants are prvided by gvernment (lcal, state and natinal), charitable trusts, and by cmmunity rganisatins (eg Ltteries, Rtary, etc). Each grant has a specific purpse,

More information

Financial Accountability Handbook

Financial Accountability Handbook Financial Accuntability Handbk >> Vlume 5 Reprting Systems Infrmatin Sheet 5.2 Preparatin f Financial Statements Intrductin The Financial Accuntability Act 2009 (the Act) and the Financial and Perfrmance

More information

YOUR NEW SOUTH WALES WORKERS COMPENSATION CLAIM

YOUR NEW SOUTH WALES WORKERS COMPENSATION CLAIM Gibney & Gunsn LAWYERS New Suth Wales & Victria YOUR NEW SOUTH WALES WORKERS COMPENSATION CLAIM Nt cvered by the scheme Injuries that ccur n the way t r frm wrk (wrkers wh are injured while driving during

More information

HIPAA Notice of Privacy Practices. Central Ohio Surgical Associates, Inc.

HIPAA Notice of Privacy Practices. Central Ohio Surgical Associates, Inc. HIPAA Ntice f Privacy Practices Central Ohi Surgical Assciates, Inc. THIS NOTICE OF PRIVACY PRACTICES (THE NOTICE ) DESCRIBES HOW HEALTH INFORMATION ABOUT YOU MAY BE USED AND DISCLOSED AND HOW YOU CAN

More information

Tabcorp Wagering Manager (Vic) Pty Ltd & TAB Limited Applications for Authorisation A91419 A91424

Tabcorp Wagering Manager (Vic) Pty Ltd & TAB Limited Applications for Authorisation A91419 A91424 Restrictin f Publicatin f Part Claimed 16 July 2014 Dr Richard Chadwick General Manager, Adjudicatin Branch Australian Cmpetitin & Cnsumer Cmmissin 23 Marcus Clarke Street CANBERRA ACT 2601 By email: richard.chadwick@accc.gv.au

More information

FACT SHEET BORROWING THROUGH SUPER. Prepared by Brett Griffiths, Director Superannuation Consulting e bgriffiths@vincents.com.au

FACT SHEET BORROWING THROUGH SUPER. Prepared by Brett Griffiths, Director Superannuation Consulting e bgriffiths@vincents.com.au FACT SHEET BORROWING THROUGH SUPER Prepared by Brett Griffiths, Directr Superannuatin Cnsulting e bgriffiths@vincents.cm.au FACT SHEET Since September 2007 Self Managed Superannuatin Funds (SMSF s) can

More information

St Andrews Christian College BOARD CONFLICT OF INTEREST POLICY

St Andrews Christian College BOARD CONFLICT OF INTEREST POLICY St Andrews Christian Cllege BOARD CONFLICT OF INTEREST POLICY April 2011 St Andrews Christian Cllege 2 Bard Cnflict f Interest Plicy Plicy Dcument Infrmatin Plicy Name Bard Cnflict f Interest Plicy Authr/Supervisr

More information

WHAT YOU NEED TO KNOW ABOUT. Protecting your Privacy

WHAT YOU NEED TO KNOW ABOUT. Protecting your Privacy WHAT YOU NEED TO KNOW ABOUT Prtecting yur Privacy YOUR PRIVACY IS OUR PRIORITY Credit unins have a histry f respecting the privacy f ur members and custmers. Yur Bard f Directrs has adpted the Credit Unin

More information

ERISA Compliance FAQs: Fiduciary Responsibilities

ERISA Compliance FAQs: Fiduciary Responsibilities Brught t yu by Mrris & Reynlds Insurance ERISA Cmpliance FAQs: Fiduciary Respnsibilities The Emplyee Retirement Incme Security Act f 1974 (ERISA) is a federal law that sets minimum standards fr emplyee

More information

Consumer Complaint Roadmap

Consumer Complaint Roadmap Cnsumer Cmplaint Radmap Step 1. What yu shuld knw befre yu begin. Refund and Exchange Plicies The nly case where a cnsumer has the abslute right t a return is when there is a defect in the prduct. Mst

More information

Audit Committee Charter

Audit Committee Charter Audit Cmmittee Charter Membership The Audit Cmmittee (the "Cmmittee") f the Bard f Directrs (the "Bard") f Philip Mrris Internatinal Inc. (the "Cmpany") shall cnsist f at least three directrs all f whm

More information

RESOURCE MOBILISATION Vijay Sardana

RESOURCE MOBILISATION Vijay Sardana RESOURCE MOBILISATION Vijay Sardana Changing cntext f Resurce Mbilisatin in India Nineties Beginning f internatinal NGOs (INGOs) becming peratinal. INGOs, as well as Bilateral / Multilateral dnrs begin

More information

AUDIT AND RISK COMMITTEE TERMS OF REFERENCE

AUDIT AND RISK COMMITTEE TERMS OF REFERENCE AUDIT AND RISK COMMITTEE TERMS OF REFERENCE 1. TITLE OF COMMITTEE Audit and Risk Cmmittee 2. ESTABLISHMENT The Audit and Risk Cmmittee is established under Part 3 Sectin 19(1) f the Charles Darwin University

More information

Personal Selling. Lesson 22. 22.1 Objectives. 22.2 Meaning of Personal Selling

Personal Selling. Lesson 22. 22.1 Objectives. 22.2 Meaning of Personal Selling Persnal Selling Lessn 22 Persnal Selling When yu want t buy smething yu usually g t a cncerned shp and purchase it frm there. But, smetimes yu find peple bring certain gds r prducts and make them available

More information

DOMESTIC BUILDING INSURANCE APPLICATION FOR ELIGIBILITY REVIEW

DOMESTIC BUILDING INSURANCE APPLICATION FOR ELIGIBILITY REVIEW DOMESTIC BUILDING INSURANCE APPLICATION FOR ELIGIBILITY REVIEW INSURANCE BROKER RETURN COMPLETED FORMS TO HOME WARRANTY INSURANCE DIVISION: Master Builders Queensland Insurance Services A Divisin f Queensland

More information

VET FEE-HELP Frequently Asked Questions for Students May 2010

VET FEE-HELP Frequently Asked Questions for Students May 2010 Hw d I apply? VET FEE-HELP Frequently Asked Questins fr Students May 2010 If yu are eligible fr VET FEE-HELP assistance and wuld like t btain a VET FEE-HELP lan, yu shuld btain a Request fr VET FEE-HELP

More information

The actions discussed below in this Appendix assume that the firm has already taken three foundation steps:

The actions discussed below in this Appendix assume that the firm has already taken three foundation steps: MAKING YOUR MARK 6.1 Gd Practice This sectin presents an example f gd practice fr firms executing plans t enter the resurces sectr supply chain fr the first time, r fr thse firms already in the supply

More information

Better Practice Guide Financial Considerations for Government use of Cloud Computing

Better Practice Guide Financial Considerations for Government use of Cloud Computing Better Practice Guide Financial Cnsideratins fr Gvernment use f Clud Cmputing Nvember 2011 Intrductin Many Australian Gvernment agencies are in the prcess f cnsidering the adptin f clud-based slutins.

More information

An employer s Guide to engaging an occupational health physician

An employer s Guide to engaging an occupational health physician An emplyer s Guide t engaging an ccupatinal health physician When and why d emplyers need the services f ccupatinal physicians? Being in business invlves risk. Business pprtunities are inherently uncertain

More information

TAKING OWNERSHIP OF HEALTH CARE

TAKING OWNERSHIP OF HEALTH CARE TAKING OWNERSHIP OF HEALTH CARE TIPS FOR PARENTS AND CAREGIVERS Are yu ready fr the day when yu take yur sn r yur daughter fr a medical appintment and the dctr r medical staff says t yu, as the parent

More information

UNIVERSITY OF CALIFORNIA MERCED PERFORMANCE MANAGEMENT GUIDELINES

UNIVERSITY OF CALIFORNIA MERCED PERFORMANCE MANAGEMENT GUIDELINES UNIVERSITY OF CALIFORNIA MERCED PERFORMANCE MANAGEMENT GUIDELINES REFERENCES AND RELATED POLICIES A. UC PPSM 2 -Definitin f Terms B. UC PPSM 12 -Nndiscriminatin in Emplyment C. UC PPSM 14 -Affirmative

More information

MITT Student Appeals Policy

MITT Student Appeals Policy POLICY: APPROVED BY: MITT Student Appeals Plicy EFFECTIVE DATE AS OF: POLICY NUMBER: Pending PREVIOUS/REPLACES: Academic Appeals Plicy, June 2008 Nn-Academic Discipline Plicy, Feb 2010 PRIOR VERSIONS:

More information

Ghnjasryj. Aged Care Emergency. Model of Care

Ghnjasryj. Aged Care Emergency. Model of Care Ghnjasryj Aged Care Emergency Mdel f Care Nvember 2013 INTRODUCTION It is well dcumented that lder peple require emergency care mre ften than ther ppulatins, and generally have lnger Emergency Department

More information

Electronic Signatures Laws

Electronic Signatures Laws White Paper Electrnic Signatures Laws Versin 1.0 Last Updated: 21-09-2010 www.sutisft.cm Intrductin Mst businesses these days use electrnic signatures fr btaining users cnsent r apprval f dcuments nline.

More information

Implementing an electronic document and records management system using SharePoint 7

Implementing an electronic document and records management system using SharePoint 7 Reprt title Agenda item Implementing an electrnic dcument and recrds management system using SharePint 7 Meeting Finance, Prcurement & Prperty Cmmittee 16 June 2008 Date Reprt by Dcument Number Head f

More information

Our Privacy Policy and Credit Reporting Privacy Policy. 1. Privacy at FlexiGroup Our Privacy Policy and Credit Reporting Privacy Policy

Our Privacy Policy and Credit Reporting Privacy Policy. 1. Privacy at FlexiGroup Our Privacy Policy and Credit Reporting Privacy Policy Our Privacy Plicy and Credit Reprting Privacy Plicy 1. Privacy at FlexiGrup Our Privacy Plicy and Credit Reprting Privacy Plicy Backgrund At Flexigrup it is imprtant t us that we manage yur persnal infrmatin

More information

Project Open Hand Atlanta. Health Insurance Portability and Accountability Act (HIPAA) NOTICE OF PRIVACY PRACTICES

Project Open Hand Atlanta. Health Insurance Portability and Accountability Act (HIPAA) NOTICE OF PRIVACY PRACTICES Prject Open Hand Atlanta Effective Date: April 14, 2003 Health Insurance Prtability and Accuntability Act (HIPAA) The Health Insurance Prtability and Accuntability Act f 1996 (HIPAA) directs health care

More information

Advertising Personal Injury Services on the Internet

Advertising Personal Injury Services on the Internet Regulatry Guide 4 Advertising Persnal Injury Services n the Internet Versin 5, 5 September 2014 Level 30 400 Gerge Street, Brisbane Qld 4000 PO Bx 10310 Brisbane, Adelaide Street Qld 4000 T (07) 3406 7737

More information

FINANCIAL SERVICES FLASH REPORT

FINANCIAL SERVICES FLASH REPORT FINANCIAL SERVICES FLASH REPORT Draft Regulatry Cmpliance Management Guideline Released by the Office f the Superintendent f Financial Institutins May 5, 2014 On April 30, 2014, the Office f the Superintendent

More information

CONTENTS UNDERSTANDING PPACA. Implications of PPACA Relative to Student Athletes. Institution Level Discussion/Decisions.

CONTENTS UNDERSTANDING PPACA. Implications of PPACA Relative to Student Athletes. Institution Level Discussion/Decisions. This dcument is intended t prvide NCAA member institutins with an infrmatinal guide regarding the ptential implicatins f the Patient Prtectin and Affrdable Care Act f 2010 (PPACA) when fully implemented

More information

Corporations Q&A. Shareholders. 2006 Edward R. Alexander, Jr.

Corporations Q&A. Shareholders. 2006 Edward R. Alexander, Jr. Crpratins Q&A. What is a crpratin and why frm ne? A crpratin is a business entity that is separate and distinct frm its wners. It can enter cntracts, sue and be sued withut invlving its wners (the sharehlders).

More information

March 2016 Group A Payment Issues: Missing Information-Loss Calculation letters ( MILC ) - deficiency resolutions: Outstanding appeals:

March 2016 Group A Payment Issues: Missing Information-Loss Calculation letters ( MILC ) - deficiency resolutions: Outstanding appeals: The fllwing tpics were discussed in the March 24, 2016 meeting with law firms representing VCF claimants. Grup A Payment Issues: We cntinue t fcus n paying Grup A claims in full and are meeting the schedule

More information

Health and Safety Training and Supervision

Health and Safety Training and Supervision Intrductin: Health and Safety Training and Supervisin University f Nttingham is cmmitted t maintaining and develping standards f excellence in all aspects f its business. T that end, the University aspires

More information

The Importance of Market Research

The Importance of Market Research The Imprtance f Market Research 1. What is market research? Successful businesses have extensive knwledge f their custmers and their cmpetitrs. Market research is the prcess f gathering infrmatin which

More information

Privacy Policy. The Central Equity Group understands how highly people value the protection of their privacy.

Privacy Policy. The Central Equity Group understands how highly people value the protection of their privacy. Privacy Plicy The Central Equity Grup understands hw highly peple value the prtectin f their privacy. Fr that reasn, the Central Equity Grup takes particular care in dealing with any persnal and sensitive

More information

Reforms to South Australian Gambling Legislation

Reforms to South Australian Gambling Legislation Licensee Bulletin Refrms t Suth Australian Gambling Legislatin A bulletin was issued t all licensees n 25 September 2013, which gave a brief verview f recent amendments t gambling legislatin in Suth Australia

More information

ATLAS on substance use (2010) Resources for the prevention and treatment of substance use disorders

ATLAS on substance use (2010) Resources for the prevention and treatment of substance use disorders INTRODUCTION Dimensins f psychactive substance use and dependence The use f alchl and ther psychactive substances alters bth the functin and, ultimately, the structure f the brain by the altered stimulatin

More information

PADUA COLLEGE LIMITED ACN 072 693 700 ABN 20 072 693 700

PADUA COLLEGE LIMITED ACN 072 693 700 ABN 20 072 693 700 PADUA COLLEGE LIMITED ACN 072 693 700 ABN 20 072 693 700 Plicy Title Versin Number Date Issued Critical Incident Management Plicy 2.0 Nvember 2007 Reviewed April 2010 June 2015 Definitin Critical incidents

More information

Terms of Reference for the Fire Review Panel

Terms of Reference for the Fire Review Panel Terms f Reference fr the Fire Review Panel Purpse The Fire Review Panel (the Panel) is appinted t prvide independent advice t the Minister f Internal Affairs (the Minister) abut hw the Gvernment can achieve:

More information

CHANGE MANAGEMENT STANDARD

CHANGE MANAGEMENT STANDARD The electrnic versin is current, r when printed and stamped with the green cntrlled dcument stamp. All ther cpies are uncntrlled. DOCUMENT INFORMATION Descriptin Dcument Owner This standard utlines the

More information