Responsibilities and obligations
The management committee/board must ensure that the organisation understands and complies with its own governing document, relevant laws, contractual obligations and the requirements of any regulatory bodies.
The management committee/board should maintain and regularly review the organisation’s system of internal controls, performance reporting, policies and procedures.
Equality and diversity
The management committee/board must ensure that it upholds and applies the principles of equality and diversity and that the organisation is fair and open to all sections of the community in all of its activities.
The management committee/board must act prudently to protect the assets and property of the organisation and ensure that they are used to deliver the organisation’s objectives.
The management committee/board should understand and regularly review the risks to which the organisation is subject and take action to manage the risks identified.