The Board of AQWEST-Bunbury Water Board aspire to the highest level of effective corporate governance appropriate to an enterprise of AQWEST's nature and standing. The Board Members take ultimate responsibility for corporate governance and act in accordance with the Water Boards Act 1904, the Statutory Corporations (Liability of Directors) Act 1996 and other relevant legislation. AQWEST Board Members have adopted the AICD's Code of Conduct which sets out the principles and standards with which members are expected to comply.
The key role of the Board is to provide the leadership and direction necessary to ensure the organisation achieves excellence in the provision of services to its customers, complete regulatory and statutory compliance and operates in a responsible and ethical manner both within the spirit of any relevant legislation and within the community it serves.
The Board consisting of six Members is appointed by the Governor. Board Members are appointed for a three year term with two members going out of office by rotation each year.
Any adult customer serviced by AQWEST-Bunbury Water Board may apply for a position on the Board. Selection of members is made on the basis of the diverse range of experience, skills, knowledge and perspective required to manage AQWEST's business.
A Code of Conduct that defines the standards of behaviour with regard to Human Resources has been adopted in compliance with the Public Sector Management Act (1999).
The Board approves and sets the remuneration of the senior executives and monitors their performance with regard to achievement of corporate objectives.
The Board is responsible for the overall internal control framework and approval of an internal control system monitored by an Audit Committee appointed by the Board. The system is based on written procedures, policies and a program of internal and external audits.
Board meetings are to be conducted in a manner that ensures open communication, meaningful participation and timely resolution of issues. The Board will receive timely and accurate minutes, advance written agendas and clear and concise background material to prepare in advance of meetings to enable informed decision making. Board Members are to be diligent, attend Board meetings and make themselves knowledgable about the issues that require Board action.