Date posted: 14/08/2019 2 min read

Governor-General approves Supplemental Royal Charter and By-Law changes

The Australian Governor-General David Hurley has approved changes to Chartered Accountants Australia and New Zealand’s Supplemental Royal Charter and By-Laws. The changes were passed by CA ANZ members in a member vote held in May this year.

In Brief

  • The Australian Governor-General puts his signature to changes to CA ANZ’s Supplemental Royal Charter and By-Laws
  • His approval allows all of the proposed governance changes to be implemented, including the nominations, elections and appointments for the new Overseas Regional Councils and Regional Council positions
  • The new governance model, structures and processes are to be in place from 1 January 2020 or earlier

The Governor-General approved the changes on Tuesday 30 July 2019.

His approval allows all of the proposed governance changes, including the nominations, elections and appointments under the new governance structure, to get underway including for Regional Councillor positions in Australia and New Zealand and all positions on the new Overseas Regional Councils for Hong Kong, Malaysia, Singapore and the United Kingdom.

Updates of CA ANZ regulations and the governance manual can now also be completed. The new governance material, structures and processes will be in place by 1 January 2020.

The Supplemental Royal Charter, By-Laws and NZICA Rules changes strengthen CA ANZ's Professional Conduct By-Laws, provide for the establishment of Overseas Regional Councils, provide increased continuity in Board appointments by CA ANZ Council, increase flexibility and inclusion of representation and strengthen the New Zealand Institute of Chartered Accountants (NZICA) Rules.

The Governor-General's approval was the final official step of a governance review which began in 2015. The review sought to update CA ANZ's governance to reflect membership growth and increased diversity against a backdrop of the increasing pace of change and rising community expectations of the accounting profession and its representative bodies.

2019 Member vote information

Read about the 2019 member vote, including results and supporting information.

Read more

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