CRC CARE Pty Ltd was incorporated on 13
September 2005 to carry out the activities of the Cooperative
Research Centre for Contamination Assessment and Remediation of the
Environment. CRC CARE is a limited liability entity with 12
shareholders. Voting and dividend rights are determined by the
value of contributions by shareholders in the company in the
relevant financial year.
The registered office is at the University
of South Australia, Mawson Lakes, Adelaide, South Australia. CRC
CARE Pty Ltd holds the Centre assets including intellectual
property and equity in other companies as required.
CRC CARE Pty Ltd aims to generate an
economic surplus from commercial activities and membership
contributions and re-invest proceeds in the activities of the CRC.
Surpluses may also be distributed to shareholders. Its operations
will concentrate at nodes in the main capital cities providing
national coverage. Each node will provide for:
Industry engagement and clustering of
Collaborative projects and exchange of
Engagement with other research
Engagement with Federal and State
Access to a major contaminated site for
field work, demonstration and interaction with local
Delivery point for commercialisation and
Local delivery of research education and
other training activities.
CRC CARE Pty Ltd operates under the
Corporations Act and is governed by a Board with an independent
Chairperson, is industry driven and has the strategic and
operational characteristics of a commercial organisation. Day to
day business is transacted through the Managing Director, under a
contract overseen by the Board of CRC CARE Pty Ltd.