Corporate governance

AFMA is a Statutory Authority created by the Fisheries Administration Act 1991.

AFMA’s governance arrangements to 30 June 2008

Up to 30 June 2008, AFMA operated under the Commonwealth Authorities and Companies Act 1997 .

The Authority comprised eight directors. Seven non-executive directors; the Chairman, Government Director and five directors nominated by a selection committee, were appointed by the then Minister for Fisheries, Forestry and Conservation. The non-executive directors appointed the full-time executive director (Managing Director).

Operating as a board, the directors governed all facets of AFMA’s operations, to ensure that adequate resources and expertise were available for AFMA to cost effectively pursue its legislative objectives.  AFMA maintained three Board committees to assist in the conduct of its business; the Finance and Audit Committee, the Environment Committee and the Research Committee.

The Fisheries Legislation Amendment (New Governance Arrangements for the Australian Fisheries Management Authority and other Matters) Act 2008 amended the Fisheries Administration Act 1991, creating a new corporate governance framework for AFMA which took effect on 1 July 2008.  As a consequence, all directors’ terms of appointment ended on 30 June 2008.

See also:

• The new Commission
• Committees

Page last updated 31 July, 2008