Board reserved powers

Board reserved powers are matters which are dealt with only by the main board of directors of an organisation, and are not delegated.

They are generally set out in a formal schedule.

The UK Corporate Governance Code requires use of such a formal schedule, together with an appropriate summary statement in the annual report.

See also

• Board of directors
• Corporate governance
• Governance
• UK Corporate Governance Code

Other links

Doing the right thing, Sarah Boyce, The Treasurer