Trustee Responsibilities

 

There are five Trustees who are appointed under the terms set out in the Trust Deed and who administer the Trust. Their duties include:

  • Appointing the directors of Top Energy Limited
  • Negotiating with the Company’s directors the Statement of Corporate Intent, which agrees the strategic direction and performance objectives to be achieved by the company
  • Monitoring and reporting on the Company’s performance
  • Undertaking periodic Ownership Reviews involving a public consultation process, to determine whether the Trust will continue to own the shares in Top Energy Limited.
  • Prepare & Publish an Annual Plan
  • Comply with the Operating Guidelines (Code of Practice)