Corporate governance

Council meetings

The Act requires that the VVC meets at least 8 times each year. The VVC held 8 meetings between 1 July 2023 and 30 June 2024.

Committee structure

The VVC has established 2 permanent committees to help fulfil its functions under the Act. It also formed working parties to oversee items of work including the:

  • Engagement Strategy Working Group
  • Communities of Practice Working Group.

Funding Sub-Committee

The Funding Sub-Committee develops and reviews the grant guidelines for the Victorian Veterans Fund and the Anzac Day Proceeds Fund. It assesses applications for both funds and makes funding recommendations to the VVC for grants from both funds. During the year the Funding Sub-Committee reviewed and updated its charter and the guidelines for the Anzac Day Proceeds Fund grant program.

Dan Cairnes chaired the Funding Sub-Committee in 2023–24. Lucy Saaroni was appointed as the Funding Sub-Committee chair from 1 May 2024. Other members of the sub-committee include Jo-Anne O’Brien, Brett West and Robin Hunt. The Funding Sub-Committee met twice during the year.

Governance Sub-Committee

The Governance Sub-Committee ensures the VVC complies with all financial and legal requirements under the Act and any other relevant legislation. The sub-committee is also responsible for governance of the 6 patriotic funds for which the VVC is trustee. It also develops the VVC annual report.

Bruce Mildenhall chaired the Governance Sub-Committee in 2023–24. Other members were John McNeill, Pela Markogiannakis (until 7 June 2024), Ken Tsirigotis (until 16 April 2024) and Simon Thorn (until 30 April 2024).

The Governance Sub-Committee met 4 times during the year to oversee the VVC’s administration of patriotic funds, associated investment accounts and matters relating to administering patriotic funds for which the VVC is a trustee.

Secretariat support

The Office for Veterans in the Department of Families, Fairness and Housing provided secretariat support to the VVC and its sub-committees.

Audited financial records

The VVC financial results are aggregated into the department’s financial statements, pursuant to a determination made by the Minister for Finance under s 53(1)(b) of the Financial Management Act 1994. Visit the department’s website for financial statements <https://www.dffh.vic.gov.au/publications/annual-reports&gt;.

On 6 September 2018 the VVC applied to the Minister for Finance seeking a full exemption from the Standing Directions of the Minister for Finance under the Financial Management Act. On 1 October 2018 the Minister for Finance approved this application, exempting the VVC on an ongoing basis from complying with requirements of the Standing Directions.

Updated