The Paintback scheme is operated by Paintback Ltd (PBL). PBL is a not-for-profit organisation governed by a board of directors, with an independent chair. Any surplus funds are to be used for the company’s objects and cannot be distributed to the its members. PBL’s objects are to:
PBL’s constitution establishes a board of directors who are legally responsible to oversee the proper management of the organisation, including an independent chairman. It is operated by a management team and Chief Executive, accountable to the PBL board.
As a company limited by guarantee, the company must comply with the Corporation’s Act 2010. It is registered with the Australian Securities and Investments Commission. The levy has been authorised by the Australian Competition and Consumer Commission.