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Fees framework for members appointed to bodies in which the ...

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CO (09) 5<br />

Please note that fund<strong>in</strong>g disbursements and purchases on behalf of <strong>the</strong> Crown are treated <strong>in</strong><br />

<strong>the</strong> same manner as operat<strong>in</strong>g budgets.<br />

Budget/turnover Assets Score<br />

$0-$10m $0-$100m 2<br />

$10m-$50m $100m-$500m 4<br />

$50m-$100m $500m-$1.0b 6<br />

$100m-$300m $1.0b-$3b 8<br />

$300m-$600m $3b-$6b 10<br />

$600m-$1.2b $6b-$12b 12<br />

$1.2b+ $12b+ 14<br />

91 Bus<strong>in</strong>ess complexity/functionality<br />

Select <strong>the</strong> prime function and <strong>the</strong>n consider and assess <strong>the</strong> complexity of <strong>the</strong> prime function<br />

<strong>in</strong> accordance with <strong>the</strong> follow<strong>in</strong>g tables. Where <strong>the</strong> organisation clearly has more than one<br />

prime function and <strong>the</strong> board is actively <strong>in</strong>volved <strong>in</strong> decisions relat<strong>in</strong>g <strong>to</strong> both functions, <strong>the</strong><br />

scores of <strong>the</strong> two functions may be added, but consultation with <strong>the</strong> SSC is required.<br />

Option<br />

Devolved<br />

Purchaser<br />

Fund<strong>in</strong>g<br />

Disbursement<br />

Investment and<br />

Management of<br />

Funds<br />

Advisory <strong>to</strong><br />

Crown<br />

Regula<strong>to</strong>ry<br />

Provider of<br />

Services and<br />

Environment<br />

Holder of<br />

Ownership<br />

Interest<br />

Social Influence<br />

Prime Function<br />

An entity that specialises <strong>in</strong> mak<strong>in</strong>g purchase decisions on behalf of<br />

<strong>the</strong> Crown. There will almost certa<strong>in</strong>ly be a contractual relationship<br />

between <strong>the</strong> entity and <strong>the</strong> provider of services.<br />

An entity established <strong>to</strong> distribute grants or fund<strong>in</strong>g.<br />

An entity <strong>in</strong>volved <strong>in</strong> <strong>the</strong> <strong>in</strong>vestment and management of funds on<br />

behalf of <strong>the</strong> Crown or <strong>for</strong> beneficiaries.<br />

An entity advisory <strong>to</strong> <strong>the</strong> Crown at a significant level.<br />

The entity will exercise regula<strong>to</strong>ry and/or quasi-judicial power <strong>in</strong> an<br />

<strong>in</strong>dependent and objective manner.<br />

An entity established <strong>to</strong> provide services. The level of competition<br />

<strong>for</strong> <strong>the</strong> services will vary, and <strong>the</strong>re may be limits on competition<br />

prescribed by statute or o<strong>the</strong>rwise.<br />

The holder of <strong>the</strong> Crown’s ownership <strong>in</strong>terest.<br />

The entity is established <strong>to</strong> improve a social outcome or outcomes<br />

through encourag<strong>in</strong>g behaviour change (e.g. healthy lifestyle<br />

choices) by promotion of activities and <strong>in</strong>creas<strong>in</strong>g public awareness.<br />

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