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THE WONNARUA ARRANGEMENT - SPECIFIC GOVERNANCE AND FINANCIAL ARRANGEMENTS THAT ALLOW COMMUNITIES TO TRANSPARENTLY, LAWFULLY, EFFECTIVELY AND EFFICIENTLY WORK WITH MEMBER CORPORATE CROSS JURISDICTIONAL GOVERNMENT AGENCIES AND PRIVATE ENTITY MEMBERS TO BRING ABOUT PUBLIC PROGRAMS AND/OR ASSETS FOR WHICH FULL COST RECOVERY THROUGH USER CHARGES IS NOT POSSIBLE OR IS NOT ACCEPTABLE.
THE WONNARUA ARRANGEMENT - SPECIFIC GOVERNANCE AND FINANCIAL ARRANGEMENTS THAT ALLOW COMMUNITIES TO TRANSPARENTLY, LAWFULLY, EFFECTIVELY AND EFFICIENTLY WORK WITH MEMBER CORPORATE CROSS JURISDICTIONAL GOVERNMENT AGENCIES AND PRIVATE ENTITY MEMBERS TO BRING ABOUT PUBLIC PROGRAMS AND/OR ASSETS FOR WHICH FULL COST RECOVERY THROUGH USER CHARGES IS NOT POSSIBLE OR IS NOT ACCEPTABLE.
#$%^&*AU2018100428A420180614.pdf#####AUSTRALIA Patents Act 1990 ABSTRACT INNOVATION PATENT THE WONNARUA ARRANGEMENT - SPECIFIC GOVERNANCE AND FINANCIAL ARRANGEMENTS THAT ALLOW COMMUNITIES TO TRANSPARENTLY, LAWFULLY, EFFECTIVELY AND EFFICIENTLY WORK WITH MEMBER CORPORATE CROSS JURISDICTIONAL GOVERNMENT AGENCIES AND PRIVATE ENTITY MEMBERS TO BRING ABOUT PUBLIC PROGRAMS AND/OR ASSETS FOR WHICH FULL COST RECOVERY THROUGH USER CHARGES IS NOT POSSIBLE OR IS NOT ACCEPTABLE. ABSTRACT The Wonnarua Arrangement is a specific set of governance and financial arrangements that allow communities to transparently, lawfully, effectively and efficiently work with member corporate cross jurisdictional government agencies and private entity members to bring about public programs and/or assets for which full cost recovery through user charges is not possible or is not acceptable. It entails establishing a group of people representing interests and sufficient rights agreed relevant to bringing about an outcome or set of outcomes, or to bringing about outcome/s in a certain way in situations where constraints prevent an appropriate investment from being otherwise made and where full user pays cost recovery is neither desirable nor achievable. As members of a group they design projects sufficient to encourage investment by government and private investors with only appropriate management and economic overhead as determined by the law and members of the group. The project attracts higher funding via a variety of different possible schemes of arrangement than otherwise would be the case because the project can be designed to implement and align formal incentives and defined measurement processes that will iteratively encourage better performance on sought outcomes. Specific governance as appropriate to the project is designed by way of law, formal contract/s or by membership to networked cooperative entities with capital structure and membership rules designed by the group members according to need. Where there is incentive to do so the governance designed allows parts of government as funding members to underwrite outcome risk for outcomes related to any other part of government in order to make investment in the project more attractive to the private sector. Page 1 10-Feb-18 5:49 PM of 1 pages in total
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