OVERALL RISK APPETITE STATEMENT

Gymnastics Queensland’s approach is to minimize our exposure to risks relating to our compliance responsibilities, environment, safety, and culture, whilst accepting and supporting an increased degree of risk in pursuit of our vision and strategic goals as set out in the Strategic Plan. It recognizes that our appetite for risk varies according to the activity undertaken, and that our acceptance of risk is subject always to ensuring that the potential benefits and risks are fully understood before developments are authorized, and that sensible measures to mitigate risk are established where required.