Under Section 11 of the Lord Howe Island Act 1953, the Board is charged with the care, control and management of the Island and of the affairs and trade of the Island. In accordance with Part 4 of the Lord Howe Island Regulation 2014, the Board may:
- control and regulate the tourist trade to and upon the Island;
- require persons carrying on such businesses or trades as the Board may determine, to be licensed. Any such licence shall be subject to the payment of such fee and may include such terms and conditions as may be prescribed or as the Board may determine.
The Island's Local Environment Plan limits tourist accommodation to no more than 400 persons at any time, excluding children under the age of five years of age.
The spectrum of business activities currently licensed by the Board is under review to focus licensing conditions more towards environmental protection and public health and safety outcomes, and provide the necessary frame work for an inspection and compliance regime appropriate for protecting and conserving a World heritage listed area.