Functions and powers of the entity
Collective duties of the board and individual duties of board members
Role of the board chair
General responsibilities of members
Members' interests and conflicts: identification, disclosure and management
Disclosure of information
Gifts and hospitality
Board meeting procedures
Crown entities as employers
Planning and reporting
Board and member performance evaluation
Board appointments and reappointment
Remuneration and expenses for board members
Liability and protection from legal claims or proceedings
Summary of minimum content for a governance manual by chapter
In the course of their work board members will often have access to information that is commercially sensitive or valuable, or that could be personally sensitive for others. For boards and entities to be trusted, this information needs to be handled with the highest standards of care and integrity and in a manner consistent with the relevant legislation.
Under s. 57 of the Crown Entities Act 2004 (CE Act), board members must not disclose to any person, or make use of or act on information they receive as a member, and to which they would not otherwise have had access; unless it is:
- in the performance of the entity's functions,
- as required or permitted by law,
- in complying with the requirement for the member to disclose his or her interests,
- where the member has been authorised by the board or by the responsible Minister to disclose the information, or
- if the disclosure, use or act in question will not prejudice the entity or will be unlikely to do so.
There are some exceptions under s. 57(2) of the CE Act, in which a member may disclose, make use of, or act on such information, provided that:
- the member is first authorised to do so by the board, and
- the disclosure, use, or act in question will not, or will be unlikely to, prejudice the entity.
An example where disclosure is required or permitted by law is where it is made in accordance with the Official Information Act.
Governance manual content: Disclosure of information
At a minimum a good governance manual should cover:
- The requirement for board members to handle information that they obtain in their board role according to the requirements of s. 57 of the CE Act and consistently with any board policies.