Board reserved powers

From ACT Wiki
Jump to: navigation, search

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

Other links

Doing the right thing, Sarah Boyce, The Treasurer