Patanga is a council approved multiple occupancy owned by Valerie Farm Pty Ltd.

The company holds title to the land and operates under a Memorandum of Understanding and Articles of Association.

There are 15 shares in the company and 15 directors of the company (one director per share). Family members are also community members.

Any change to the Memorandum of Understanding and Articles of Association requires a minimum 75 per cent vote of shareholders.

Consensus is striven for with decisions but, if after a reasonable time this has failed, a decision can be reached by majority vote.

By agreement, company meetings are held four times a year.

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