Code Of Conduct

Association - Objects:

 to promote the short term finance industry;actively promote the membership of the Association;provide an interactive portal to all members to share information relevant to the short term financial industry;attend where applicable conferences, expos, meetings etc to promote the business of the Association;to lobby government bodies and other institutions, for the interests of the short term finance industry;provide financial support to selected members as determined by the Board of Management when promoting the business of the Association;

Association - Code of Conduct:

1. Preamble

1.1. This code of conduct defines standards of behaviour, management and ethics with which members of ASTLA should comply.

1.2. Organisations which are signatories of this code aim to share information concerning short term lending in Australia and to develop an industry that constantly improves upon its practices and performance.

1.3. ASTLA is required to meet a range of state and federal legal obligations which are presumed in this code. These obligations may include corporations laws, rules of incorporation of associations, legislation and privacy laws.

1.4. The Board of Management shall continue to maintain, monitor, change, add and or delete any and all sections of this Code of Conduct provided that any modification is in the interests of the association, it’s members and the pursuit of fulfilling the objects of the association.

2. Organisational Integrity

2.1. The organisation will be formed voluntarily.

2.2. The organisation will oppose and not be a willing party to corruption, bribery or other financial impropriety in any of its activities.

2.3. Funds designated for the purposes of building and promoting the association shall only be used for that purpose.

3. Governance

3.1. ASTLA’s governing instrument (constitution, rules, bylaws and other similar documents) will be consistent with legislative requirements.

3.2. The Board of Management shall be elected/appointed by the members of ASTLA.

3.3. There will be written policies covering appointment, termination and remuneration of the members of the Board of Management.

3.4. The Board of Management will commit the association to open and accurate disclosure of information concerning its objects, programs, finances and governance.

3.5. The association will hold an annual general meeting as outlined in the constitution.

4. Finances

4.1. The association will have internal control procedures which minimise the risk of misuse of funds.

4.2. Maintain a set of financial books in accordance with the requirements of the Australian Taxation Laws.

5. Behavioural Standards

5.1. Members are not to allow personal relationships to affect professional relationships.

5.2. Members are to act in good faith at all times with the aim of building a professional and constantly improvingassociation.

5.3. Members are required to take reasonable precautions to prevent unauthorised use or disclosure of confidential
information. ASTLA exists for the benefit of its members and all internal information should be treated as confidential.

5.4. Members are to promptly make a full disclosure to the association of all relevant facts and circumstances giving rise to an actual, potential or perceived conflict of interest concerning ASTLA.

5.5. Members are not to represent ASTLA in any way unless they are authorised to do so by the Board of Management.

6. Disputes

6.1. In the event of any dispute between a member and the association the Board of Management will be charged with the responsibility of deciding on appropriate actions.

6.2. Actions taken may include a formal warning or exclusion from the association.

6.3. The Board of Management’s decision is final and there is no appeal process.