Governance
LiteHaus International Ltd is a company limited by guarantee and public benevolent institution (PBI) operating under the Corporations Act 2001 and reporting to the Australian Securities & Investments Commission (ASIC). Our charitable purpose and not-for-profit status are enshrined in our Constitution and recognised by Australian Charities & Not-for-profits Commission (ACNC) which we report to annually. We hold DGR-1 status with Australian Taxation Office (ATO).
Our company is governed by a Board of Directors who hold ultimate responsibility and authority. Our Board of Directors is currently chaired by Dr Nathan Groenhout and includes five volunteer non-executive directors and the Chief Executive Officer, Jack Growden. The Board of Directors sets strategy, monitors performance, ensures financial solvency, and manages risk. The Chief Executive Officer and staff implement our strategy and deliver our day-to-day operations.
The Board of Directors has also commissioned two sub-committees, a Policy & Risk Committee and an Audit & Finance Committee, each acting from Terms of Reference developed by the Board of Directors.