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LIV Council update

LIV Council update

By LIV Media

Communication Leadership 

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The monthly LIV Council report will now be sent to members in LawNews.

Previously, the report detailing Council business was published in the LIJ.

The transition to a digital-only report is the result of wanting to deliver LIV operating news to members immediately. We welcome feedback on this initiative: edassist@liv.asn.au.

At the August 23 meeting, directors:

• Discussed planning for the upcoming annual strategic planning day ,with a briefing from Integrity Governance which will facilitate the day

• Received the Call to Parties advocacy document ahead of the State election in November, to be published in October LIJ

• Received an update on the fit-out of the LIV’s new headquarters at 140 William Street

• Received the unaudited LIV financial report for 2017-18

• Approved the operating budget for 2018-19, including forecasting for the next three years

• Appointed an investment manager for the LIV, with authority to implement the LIV Investment Policy Strategy

• Appointed a number of directors to the LIV Nomination and Remuneration Committee

• Appointed two returning officers to oversee the 2018 LIV election, with a third to be named by the LIV president by early September. A call for nominations will be advertised mid-September 2018.  Elected members of Council are to be announced at the AGM on the 21st November 2018.

• On recommendation from the Nomination and Remuneration Committee, approved appointment of an LIV representative to the Supreme Court Costs Committee and a director to the Melbourne Commercial Arbitration and Mediation Centre

• Received monthly reports from the LIV president, CEO and membership

• Approved amendments to the LIV/REIV Real Estate Contract of Sale to reflect that the Real Estate (Contracts) Regulations 2018 had lapsed

 


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