Entire Section

  • C.4 Board Committees

    • Principle

      Board committees should be formed with specific written terms of reference which deal clearly with their authority and duties.

    • Code Provisions

      • C.4.1

        Where board committees are established to deal with matters, the board should give them sufficiently clear terms of reference to enable them to perform their functions properly.

      • C.4.2

        The terms of reference of board committees should require them to report back to the board on their decisions or recommendations, unless there are legal or regulatory restrictions on their ability to do so (such as a restriction on disclosure due to regulatory requirements).