The Paintback scheme is operated by Paintback Ltd (PBL). Paintback is a not-for-profit organisation governed by a board of directors, with an independent chair. All surplus funds are to be used for the company’s objectives and cannot be distributed to its members.
Paintback's objectives are to:
- Implement the Paintback scheme by receiving the funds raised from the waste levy and contracting with local governments and waste service providers for the collection and safe disposal of unwanted paint and packaging;
- Promote education, awareness and information activities for Paintback;
- Monitor, audit and report on the development of the scheme; and
- Administer a substantial program of research into new end-of-life uses for waste paint.
Paintback's constitution establishes a board of directors who are highly skilled and experienced to be responsible for the oversight and proper management of the organisation, including an independent chairman. It is operated by a management team and Chief Executive, accountable to the PaintbackBoard.
As a company limited by guarantee, the company must comply with the Corporation’s Act 2010. It is registered with the Australian Charities and Not-for-profit Commission. The levy has been authorised by the Australian Competition and Consumer Commission.
