Trustee appointments
Trustees are appointed to the Board for a four-year term by the Minister of Finance. Information about the next appointments is available from the Department of Internal Affairs.
- Email the Department of Internal Affiars on appointments@dia.govt.nz
- Write to Ethan Kraus at the Department of Internal Affairs, PO Box 805, Wellington
Background material for candidates
The Minister of Finance appoints Trustees under the Community Trusts Act 1999. The Act states that the maximum term of office for Trustees must not exceed four years, but a Trustee may hold office on more than one occasion. A person must be resident in the region of the Trust to hold office.
General skills and attributes requirements
Trustees collectively must have skills or experience in the following areas:
- financial management, especially accounting and investment skills;
- grant-making;
- governance;
- community and voluntary sector involvement;
- leadership; and
- legal expertise.
Trustees must be representative of their communities, including tangata whenua, and people from a range of ethnic and cultural backgrounds.
Elections
The Trustees annually elect the Chair, Deputy Chair and various committee chairs.
Meetings
- Trustees will be requested to attend at least 25 Board and sub-committee meetings over the course of each year
- Monthly Board meetings: Mondays in central Auckland (full day). One Board meeting per year takes place in Northland.
- Trustees also take part in sub-committees which convene separately to the monthly Board
Community Trusts Act 1999
ASB Community Trust operates under the Community Trusts Act 1999. The purpose of this Act is to make provision for the continued operation of the community trusts that were established under the Trustee Banks Restructuring Act 1988.
Trust Deed
ASB Community Trust, a trust duly constituted under the Trustee Banks Restructuring Act 1988, (which has now been replaced with The Community Trusts Act 1999), operates under a Trust Deed.