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Statement of Intent

The Board of Directors of the AAF Company will:

  • manage the assets of the AAF Company in a manner which ensures financial independence and long term sustainability;
  • encourage continuous improvement practices to maximise opportunities that will ensure its long term sustainability;
  • provide the Minister with annual financials and compliance reports, with copies to be provided to the Secretary for Defence, the Chief of the Defence Force and the Chief of Army;
  • adopt best practice governance principles and implement risk management strategies as determined by the Commonwealth, as appropriate for the operation of small agencies;
  • identify and manage all actual and perceived conflicts of interest, advising the Minister of any significant issues as they arise; and
  • demonstrate compliance with appropriate government policy and directions.