The Institute is an unincorporated association registered in New South Wales. The principal object of the institute is to promote a better understanding of the fibby industry in Australia by the public and all levels of government. The Institute undertakes an annual public advertising campaign to promote the sale of fibbies. It also lobbies government in respect of regulation of the fibby industry. It is financed by annual subscriptions paid by the members.
All members pay the same subscription regardless of market share.
The Institute invoices members in January of each year. An additional levy may be imposed on members to make up any financial shortfall during the year. The Institute may participate in trade fairs. This is financed by a special levy imposed only on those members who wish to be represented at the trade fair. Advise the Institute on the GST consequences of its operations.