Licensing Trusts, a form of community enterprise, were given a unique mandate when they were formed in the 1940s. Today that translates into:
A primary responsibility to enhance the well-being of their defined community;
- The distribution of (surplus) profits back to their communities;
- The provision of good, 'model' facilities;
- Accountability back to the communities who own them.
In addition, there is an inherent responsibility to efficiently operate commercial businesses profitability.
Website: http://www.trusthouse.co.nz
