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Harvest income is held by the Custodian in adedicated bank account and does not form part ofthe income or assets of the Trust.WABG does not believe its status as trustee of theTrust creates any conflict of interest with its dutiesas Responsible Entity. It is noted that Growers areindependent and separate to the Trust, and do notbecome beneficiaries in the Trust.As well as the financial statements of WABG,accounts are also prepared and audited annuallywhich show the income and expenses of the Trust.Copies of the audited annual financial reports forthe Trust are also available by contacting theResponsible Entity.The trust deed constituting the Trust includes thefollowing:(a)(b)(c)(d)6.4 Compliance PlanWABG in its capacity as trustee for the Trustholds trust property on behalf of the Trust'sbeneficiaries to be distributed to suchbeneficiaries in such proportions as it, in itsdiscretion, sees fit;a broad right of indemnity for the trustee tobe indemnified out of the assets of the Trustfor all expenses relating to the Trust orincurred in the administration of the Trust;the trustee has broad powers to invest anddeal with the assets of the Trust; andother terms typically found in a discretionarytrust.Parts of the Project are regulated by Chapter 5C ofthe Corporations Act.Accordingly, the operations and business activitiesare subject to both the Constitution andCompliance Plan. Both documents have beenlodged with ASIC in accordance with therequirements of the Corporations Act.The Compliance Plan outlines how the Project willbe operated to ensure that it complies with theCorporations Act, the Constitution and any otheroperating requirements set down by the Board ofDirectors.The principal purpose of the Compliance Plan is toensure that the interests of Growers are protected.The Compliance Plan sets out the systems andmethods by which the Board of Directors, itsofficers, agents and employees will ensure that theProject and the Responsible Entity continue tocomply with the Corporations Act and theConstitution and to continually monitor and reviewsuch compliance.All Growers are entitled to obtain a copy of theCompliance Plan free of charge from the registeredoffice of the Responsible Entity.6.5 Compliance CommitteeThe Responsible Entity has established aCompliance Committee in accordance with theterms of the Compliance Plan. The ComplianceCommittee members are:(a)(b)(c)Paul Luntz M.Comm. (Wits), CA, RegisteredTax Agent, Registered Company Auditor(Chairman);Manish Sundarjee B.Acc, CA, FPA (Aff); andAnthony Henry May B.Ec. LL.B.Paul Luntz and Manish Sundarjee are externalmembers of the Compliance Committee.The Compliance Committee is scheduled to meet atleast once every quarter and is responsible formonitoring the extent to which the ResponsibleEntity observes, performs and complies with itsduties and obligations pursuant to the Constitution,the Corporations Act and the Compliance Plan.The Compliance Committee is required to report tothe Board of Directors of the Responsible Entityany findings of the Committee in relation to anyfailure by the Responsible Entity to comply with theCompliance Plan, any inadequacy in theCompliance Plan and any recommendations forchanges that the Committee considers should bemade to the Compliance Plan, any breach oralleged breach of the Corporations Act involving theProject and any breach or alleged breach of theprovisions of the Constitution. If the ComplianceCommittee is of the view that the Board of Directorshas not taken and does not propose to takeappropriate action to deal with a matter reported tothe Board of Directors by the Committee under theCompliance Plan, the Committee must report thatmatter to ASIC as soon as practicable.6.6 Audit of the Compliance Plan(a)(b)The auditor:(a)(b)Both the financial and compliance audits areconducted on an annual basis; andThe auditor must, as soon as possible, notifyASIC and the Compliance Committee inwriting if the auditor has reasonable groundsto suspect that a contravention of theCorporations Act has occurred and believesthat the contravention has not been and willnot be adequately dealt with by commentingon it in the auditor's report or bringing it tothe attention of the Responsible Entity.has a right of access at all reasonable timesto all of the books and records of the Projectand the Compliance Committee; andmay require an officer of the ResponsibleEntity or a member of the ComplianceCommittee to give the auditor informationand explanations for the purposes of theaudit.
6.7 Conflicts of InterestThe Responsible Entity has established detailedprocedures for managing conflicts of interest toenable it to:(a)(b)(c)(d)provide a structured and systematicmanagement process that takes into accountthe Responsible Entity's obligations underthe Corporations Act;identify, assess and evaluate the risk ofconflicts of interest arising wholly, or partially,in relation to the provision of financialservices by the Responsible Entity as part ofits financial services businesses;establish and maintain measures, processesand procedures (including compliancemeasures, processes and procedures)designed to manage these conflicts ofinterest; andensure that the quality of financial servicesprovided by the Responsible Entity is notsignificantly compromised by the presence ofconflicts of interest.6.8 Complaints by GrowersThe Responsible Entity has established detailedprocedures for the handling of complaints byGrowers, including the appointment of aComplaints Handling Officer. Growers can make acomplaint about any aspect of the Project bycontacting the Responsible Entity or the ComplaintsHandling Officer of the Responsible Entity.The Responsible Entity will treat all complaintsseriously and will deal with them in a timelymanner having regard to the nature of thecomplaint. The Responsible Entity will endeavourto provide a final response to any complaints within45 days of receiving a complaint. The ResponsibleEntity will act reasonably in attempting to resolve acomplaint. If a complaint is not resolved to thesatisfaction of the Grower, the Grower is entitled toinitiate a formal dispute resolution process whichinvolves attendance at a settlement conferencewith an independent person. If the parties areunable to resolve the dispute within seven daysafter attending the settlement conference theneither party may require the dispute be submittedto and settled by an independent expert. Thedecision of the independent expert will be final andbinding on the parties.As additional protection for Growers, theResponsible Entity is a member of the FinancialOmbudsman Service Limited Scheme. FOS is anentirely independent organisation whose role is toreceive, investigate and finalise complaints madeagainst the Responsible Entity. FOS is located atLevel 12, 717 Bourke Street, Docklands, telephone1300 78 08 08.6.9 Anti Money Laundering and Counter TerrorismFinancing Amendment Act 2007AUSTRAC has advised that the Project is subjectto the Anti Money Laundering and CounterTerrorism Financing Amendment Act 2007 (Cth).Therefore, it may be necessary for Applicants toprovide proof of identity in accordance with theprovisions of that Act.
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Page 3 and 4: SectionPage1. DIRECTORY ...........
Page 6: Responsible Entity and Project Mana
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Page 11 and 12: (c)(d)(e)Agricultural risks such as
Page 13 and 14: (b)(c)(d)(e)(f)(g)(iv)Commissions:e
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Page 26 and 27: ADDITIONAL EXPLANATION OF FEES AND
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Page 32 and 33: November 16th 2012The DirectorsWA B
Page 34 and 35: Leasing arrangements with landholde
Page 36 and 37: 8. The South West of Western Austra
Page 38 and 39: This section contains a summary of
Page 40 and 41: (s)(t)resolution of Growers at a du
Page 42 and 43: (d)(e)(f)(iii)(iv)for the second an
Page 44 and 45: (e)(f)(iii)administering and superv
Page 46 and 47: (d)in the case of an expert, for se
Page 48 and 49: ITAA 1997Joint Growers AgreementJoi
Page 50 and 51: W.A. Blue Gum Project 2013W.A. Blue
Page 52 and 53: Sole/First Applicant or First Joint
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Page 56 and 57: *I/We hereby apply to ALBANY FINANC
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Page 61 and 62: Name of GrantorExecuted as a Deed P
Page 63 and 64: We do not provide financial plannin

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