Review of the Registered Clubs Industry in NSW - Clubs NSW

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Executive Summary 39 That ClubsNSW encourage clubs to report any ongoing training undertaken by board directors in their annual reports. 150 40 That ClubsNSW encourage club boards to undertake performance assessments of individual directors and the board as a whole on an annual basis, by revising its Best Practice Guideline for Board Operations, and including a best practice recommendation. 151 41 That clubs be encouraged to remove constitutional restrictions on board membership and voting eligibility by: 153 – Not including any such restrictions in the model club constitution template to be developed by ClubsNSW (see Recommendation 61). 153 – The Government including a provision in the Registered Clubs Act that defines the core features of the various types of clubs. 153 42 That OLGR review the effectiveness of the actions outlined in Recommendation 41 in facilitating the removal of constitutional restrictions on board membership and voting eligibility three years after their implementation. 153 43 That a club’s board be permitted to appoint up to three directors if: 154 – the club has board membership or voting eligibility restrictions in its constitution, and 154 – the club’s members vote not to adopt the model constitution developed by ClubsNSW or apply the ‘core club features’ provision of the Registered Clubs Act once effective. 154 Safeguards to manage the risk of this option being abused should include: 154 – limited terms for board-appointed directors of between one and three years 154 – a requirement that members vote to ratify the appointment of a director by the board and that director’s term at the next annual general meeting 154 – a requirement that the board disclose its reasons for appointing a director in its annual report 154 – a requirement that board-appointed directors should not comprise a majority of a club’s board. 154 44 That ClubsNSW encourage club boards to prepare a formal succession policy that sets out how they intend to renew their membership over time, to achieve a balance between keeping existing expertise and bringing in new ideas and skills, by revising its Best Practice Guideline for Board Operations and including a best practice recommendation on succession planning. 155 45 That ClubsNSW encourage clubs to better utilise the opportunities created by casual board vacancies and committees to attract and train people with appropriate skills for future board positions by revising its Best Practice Guideline for Board Operations. 155 14 IPART Review of the Registered Clubs Industry in NSW
Executive Summary 46 That ClubsNSW encourage clubs to improve their practices regarding recruitment and performance assessment of management by developing a Best Practice Guideline covering recruitment, revising its Best Practice Guideline for Remuneration of Club Executives and including a best practice recommendation on performance assessment. 157 47 That ClubsNSW encourage clubs to develop board charters that provide greater clarity about the respective roles of the board and management by developing a pro-forma board charter, revising its Best Practice Guideline on Board Operations and including a best practice recommendation on board charters. 158 48 That ClubsNSW more extensively promote examples of effective corporate governance in clubs. 158 49 That ClubsNSW continue to develop its Code of Practice and Best Practice Guidelines as new corporate governance issues arise. In particular, ClubsNSW should develop a Best Practice Guideline encouraging boards to move to three-year rolling elections. 159 50 That ClubsNSW introduce best practice recommendations into its Best Practice Guidelines, and revise its Code of Practice to require a club which does not follow a best practice recommendation to disclose its reasons in its annual report. 161 51 That ClubsNSW examine the feasibility of employing a pool of compliance officers to assist smaller clubs meet their compliance obligations under the Registered Clubs Act. These officers would be available on request to clubs with gaming machine revenue of $1 million or less a year. ClubsNSW would be able to charge clubs a fee for using this compliance service, determined on a cost recovery basis. 162 52 That improvements be made to the existing club-specific training available to club directors and managers by ClubsNSW: 164 – offering accredited training for directors, ideally under the Australian Qualifications Framework 164 – offering more flexible delivery options for director training 164 – with other providers of club-specific training, increasing their promotion of the programs that they offer. 164 Chapter 10 Helping clubs better understand the risks and benefits of diversifying their operations IPART recommends the following to assist registered clubs to diversify effectively: 53 That ClubsNSW develop and deliver material to assist clubs (particularly small to medium-sized clubs) in understanding and managing the benefits and risks associated with pursuing diversification, including: 173 – Providing guidance with respect to the measures usually adopted to identify and mitigate diversification risks, such as due diligence and planning procedures to objectively assess the relative merits of a particular diversification strategy. 173 Review of the Registered Clubs Industry in NSW IPART 15
Page 1: Independent Pricing and Regulatory
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Page 6 and 7: Contents 6 Strengthening the financ
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3 Understanding the social contribu
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3 Understanding the social contribu
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4 Measuring and reporting on club c
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5 Refining the Community Developmen
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6 Strengthening the financial viabi
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7 Improving clubs’ financial repo
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8 Establishing a Club Viability Pan
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10 Helping clubs better understand
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11 Making it easier for clubs to am
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12 Making it easier for new clubs t
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13 Removing unnecessary regulatory
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14 A framework for a management pla
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A Terms of reference A Terms of ref
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A Terms of reference The proc
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B Terms of reference checklist Term
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C List of submitters, roundtable pa
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D Gambling expenditure and problem
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E IPART’s methodology for recordi
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F ACG’s approach to measuring the
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G ClubsNSW - steps to establishing
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G ClubsNSW - steps to establishing
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Glossary and Abbreviations Glossary
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Review of the Registered Clubs Industry in NSW - Clubs NSW

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