bric housing is governed by a voluntary Board of Directors elected by the members.
bric’s governance is based on the Corporate Governance Principles and Recommendations released by the ASX Corporate Governance Council (3rd ed., March 2014). Although bric has no obligation to adopt the principles, the Directors have made the decision to follow them as a demonstration of their commitment to good governance.
bric’s Constitution outlines the activities of the organisation.
bric is a Corporate Associate of the Australasian Housing Institute, a Member of Community Housin Providers (CHPs) for Queensland, Q Shelter, 139 Club, Pathways Australia, Queensland Council of Social Services (QCOSS), National Safety Council of Australia Ltd (NSCA) and Volunteering Queensland.
bric is a registered non-profit company and is regulated by the Australian Charities and Not-for-profits Commission (ACNC) and Australian Securities and Investment Commission (ASIC).
bric operates within the legislative framework of the Housing Act 2003 (Qld), the Property Law Act 1974 (Qld), the Residential Tenancies and Rooming Accommodation Act 2008 (Qld), as well as Federal taxation legislation, information privacy principles and human resource legislation such as the Work Health and Safety Act 2011 (Qld).
In March 2015 bric was successful in obtaining registration as a Tier 2 provider under the National Regulatory System for Community Housing (NRSCH). Registration ensures bric can continue to provide services to tenants under the new compliance framework and demonstrates strong systems and processes.