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The Royal College of Pathologists of Australasia (the College) is an Australian not for profit company limited by guarantee. The education and research activities of the College are registered as a charity with the Australian Charities and Not-for-profit Commission (ACNC).

The RCPAQAP is a wholly owned subsidiary of the College. The RCPAQAP operates as an independent self-sustaining organisation and is expected to demonstrate a high level of customer service. Any funds that are surplus to business needs are donated or paid as dividends to the College to further its educational and research aims.