Corporate Governance

Corporate Governance

The Boards place great importance on the governance of LLP and, in reflecting this commitment, continually review their governance practices to ensure that these practices promote shareholder value, evaluate and address material risks and address LLP’s obligations as a responsible corporate entity.

In accordance with governance practices, an Audit, Risk and Compliance Committee has been established by the Boards to report on the quality and reliability of financial information and monitor the compliance of LLP’s obligations under its Australian Financial Services Licenses, Compliance Plan and the ASX Listing Rules.  The members of the Audit, Risk and Compliance Committee are currently the independent directors of the Boards. 

Below are some of the major documents associated with LLP’s corporate governance:

•    Corporate governance statement (taken from 2009 Annual Report)
•    Constituent Documents
      o    Constitution of LLP Co
      o    Constitution of LLP Trust
      o    Stapling Deed
      o    AFSL License for LLVRE
      o    AFSL License for the Manager
      o    Compliance Plan
•    Company Policies and Charters
      o    LLP Co Board Charter
      o    LLVRE Board Charter
      o    Audit, Risk & Compliance Committee Charter
      o    Code of Conduct
      o    Securities Trading Policy