The Plastic Waste CRC will be established as a not-for-profit company limited by guarantee. It will be governed by an independent skills-based board. The CRC will establish Consultative Committees for each Research Program and for Partners.
The CRC will maintain a flexible approach in considering options for ownership and use of IP beyond a default position of the Plastic Waste CRC owning the legal title to the IP, with alternative arrangements stipulated in Project Agreements. The CRC will have two participant categories, one for research institutes and the other for non-research institutes such as industry and government.
The Plastic Waste CRC has a draft term sheet, developed in consultation with participants, which articulates the governance and management of the CRC. The draft Term Sheet will form part of the package of information made available to CRC partners.