Changes to the Guidelines. B.6.3.1. Changes to the Guidelines of an Accord require the two-thirds majority approval of all signatories, determined by a vote. The new guidelines will be deemed to be operative immediately following the end of the Meeting at which they are approved. Notwithstanding this, for matters in progress that commenced using earlier guidelines may continue to proceed to completion using those guidelines if in the view of the Committee application of the changed guideline would impose unreasonable additional burdens on those affected by the matter.
B.6.3.2. Proposals for revision may be made by one or more signatories, and should be provided to the Committee and secretariat in full at least 120 days in advance of the Meeting at which they are to be discussed. The secretariat must circulate the proposals to all signatories and those organisations holding conditional or provisional status at least 90 days prior to the meeting
B.6.3.3. Further revisions to the proposal may be made suggested during a Meeting of the Accord, and may be approved by a two-thirds majority of signatories voting for the revisions.
B.6.3.4. Any signatory unable to be present may provide to the Chair of the Accord a written proxy either approving or not approving the proposed revisions. In the event that further revisions to the written proposal are suggested a written proxy will be declared as a vote against the revised proposal.
Changes to the Guidelines. B.
8.3.1 Changes to the Guidelines of an Agreement require the two-thirds majority approval of all Authorized Members, determined by a vote. The new guidelines will be deemed to be operative immediately following the end of the Meeting at which they are approved. Notwithstanding this, for matters in progress that commenced using earlier guidelines may continue to proceed to completion using those guidelines if in the view of the Committee application of the changed guideline would impose unreasonable additional burdens on those affected by the matter.
8.3.2 Proposals for revision may be made by one or more Authorized Members, and should be provided to the Committee and secretariat in full at least 120 days in advance of the Meeting at which they are to be discussed. The secretariat must circulate the proposals to all Authorized, Conditional and Provisional Members at least 90 days prior to the meeting.
Changes to the Guidelines. The Commonwealth may vary the Guidelines and/or impose new Guidelines from time to time.
Changes to the Guidelines. The Commonwealth may vary the Guidelines provided that the Commonwealth: consults with DA prior to the variation, including to discuss the need for any ministerial direction under the Act and its likely impact on DA’s commercial activities; and gives DA a reasonable period to implement the variation. Where the Board considers that a proposed variation to the Guidelines may, if issued: require the Directors to act, or omit to act, in a manner that may breach any duty owed by the Directors to any person; cause the contravention of any law; be likely to prejudice commercial activities carried on by or on behalf of DA; or be contrary to the public interest or the best interest of the industry then the Directors must notify the Commonwealth.
Changes to the Guidelines. The Commonwealth may vary the Guidelines and/or impose new Guidelines from time to time. The Commonwealth must provide reasonable notice of any variations to the Guidelines, or new Guidelines to SRAL, and give SRAL a reasonable period to implement the effects of the variation or new Guidelines. ANNUAL REPORTS By 31 October of each year, SRAL must prepare and publish on its public website an Annual Report for the preceding financial year, that complies with the Act and financial reporting and other reporting requirements in Chapter 2M of the Corporations Act and includes: sources of income allowing for separate identification of Levy Funds, Matching Payments and Voluntary Contributions; significant R&D Activities and transactions undertaken in the year in the conduct of SRAL’s functions as the industry services body; the full cost of the R&D Activities; progress made in implementing the Strategic Plan and Performance Principles including progress against any key performance indicators; key RD&E deliverables and associated outcomes achieved; an assessment of the efficiency and effectiveness of SRAL’s investments; material changes to SRAL’s membership; how SRAL responded to any directions made under the Act or Rural Research and Development Priorities given by the Minister under the Agreement or the Guidelines; consultation with Xxxx Xxxxxx and Industry Representative Organisations on: SRAL’s Strategic Plan; and RD&E; SRAL’s contributions to relevant sugar industry sectoral and cross-sectoral strategies, including the strategies under the National Primary Industries Research Development and Extension Framework; details of senior executive and Board remuneration in the format required by the relevant Australian Accounting Standards; Research and Development agreements entered into by SRAL with third parties; corporate governance practices in place during the Financial Year; the rationale for the mix of projects included in the Balanced Portfolio; and other matters notified to SRAL by the Commonwealth. STRATEGIC PLAN The parties acknowledge that, as at the date of this Agreement, SRAL has, and will maintain, an approved Strategic Plan that has regard to the Performance Principles and Guidelines. SRAL may satisfy the requirement to have an approved Strategic Plan in place at the date of this Agreement if the following conditions are met: SRAL has an existing strategic plan at the date of this agreement that has been approved by the Commonwealth; and SRAL provide...
Changes to the Guidelines. B.
6.3.1 Changes to the Guidelines of an Accord require the two-thirds majority approval of all signatories, determined by a vote. The new guidelines will be deemed to be operative immediately following the end of the Meeting at which they are approved. Notwithstanding this, for matters in progress that commenced using earlier guidelines may continue to proceed to completion using those guidelines if in the view of the Committee application of the changed guideline would impose unreasonable additional burdens on those affected by the matter.
Changes to the Guidelines. The Commonwealth may vary the Guidelines provided that the Commonwealth: consults with FWPA prior to the variation; and gives FWPA a reasonable period to implement the variation. Where the Board considers that the proposed variation to the Guidelines may, if issued: require the Directors to act, or omit to act, in a manner that may breach any duty owed by the Directors to any person; cause the contravention of any law; be likely to prejudice commercial activities carried on by or on behalf of FWPA; or be contrary to the public interest or the best interest of the industry then the Directors must notify the Commonwealth.
Changes to the Guidelines. The Commonwealth may vary the Guidelines provided that the Commonwealth: consults with LiveCorp prior to the variation; and gives LiveCorp a reasonable period to implement the variation. Where the Board considers that the proposed variation to the Guidelines may, if issued: require the Directors to act, or omit to act, in a manner that may breach any duty owed by the Directors to any person; cause the contravention of any Australian law; be likely to prejudice commercial activities carried on by or on behalf of LiveCorp; and be contrary to the public interest; then the Directors must notify the Commonwealth as soon as practicable. PART THREE – ACTIVITIES AND FUNDING PAYMENT OF FUNDS The Commonwealth must pay to LiveCorp an amount equal to the amounts of Levy the Commonwealth receives, in accordance with section 64A and 64B of the Act: by a method agreed by both parties; and as soon as reasonably practicable after the Commonwealth receives the Levy amounts referred to in sections 64A and 64B of the Act in cleared funds. The Commonwealth must give LiveCorp a non-binding estimate of the amount of costs incurred by the Commonwealth in relation to the collection, recovery and administration of the Levy referred to in section 67 (3A) and 67 (3B) of the Act. LiveCorp must provide a non-binding estimate of the amount of the Levy payable to LiveCorp for the current and forward financial years upon request by the Commonwealth. MANAGEMENT OF THE FUNDS LiveCorp must establish and maintain systems, procedures and controls to ensure: Funds are spent only in accordance with this Agreement and the Act; all dealings with the Funds are properly authorised, conducted and accounted for; and an auditor is able to readily verify that the Funds have been used only in accordance with this Agreement and the Act. LiveCorp must notify the Commonwealth of the details of the systems, procedures and controls established in accordance with clause 25.1 on request. LiveCorp must not delegate or outsource the responsibility for the management, allocation, or investment of Funds to third parties, including to Industry Representative Bodies. LiveCorp must maintain, implement and regularly review LiveCorp’s Risk Management Plan, Fraud Control Plan and Intellectual Property Management Plan and ensure they effectively meet LiveCorp’s requirements. LiveCorp must provide any material variations or updates to the Risk Management Plan, Fraud Control Plan and Intellectual Property Management Plan, t...
Changes to the Guidelines. The Commonwealth may vary the Guidelines provided that the Commonwealth: consults with SRA prior to the variation; and gives SRA a reasonable period to implement the variation. Where the Board considers that the proposed variation to the Guidelines may, if issued: require the Directors to act, or omit to act, in a manner that may breach any duty owed by the Directors to any person; cause the contravention of any law; be likely to prejudice commercial activities carried on by or on behalf of SRA; or be contrary to the public interest then the Directors must notify the Commonwealth.
