Governance Obligations. The Legal Services Regulatory Authority is subject to a range of statutory and corporate governance obligations including the 2016 Code of Practice for the Governance of State Bodies. The Authority will ensure that all the necessary obligations, including those for risk management, internal audit and the Public Spending Code are fully complied with.
Governance Obligations. As an agency operating under the aegis of the Minister, the Legal Aid Board is subject to a range of statutory and corporate governance obligations including the 2016 Code of Practice for the Governance of State Bodies. The Board ensures that all the necessary obligations, including those for risk management, internal audit and the Public Spending Code are fully complied with. Governance obligations will also be reviewed as part of the overall monitoring process of this Oversight Agreement itself.
Governance Obligations. As a statutory agency operating under the aegis of the Minister, the PSRA is subject to a range of statutory and corporate governance obligations including the 2016 Code of Practice for the Governance of State Bodies. The PSRA will ensure that all the necessary obligations, including those for risk management, internal audit and the Public Spending Code are fully complied with.
Governance Obligations. The Investors shall cause each Investor Director to provide to the Company, prior to nomination and appointment and on an on-going basis while serving as a member of the Board, such information and materials, including completed director and officer questionnaires, as the Company routinely receives from other members of the Board or as is required to be disclosed in proxy statements under applicable law, rule or regulation or as is otherwise reasonably requested by the Company from time to time from all members of the Board in connection with the governance, legal, regulatory, auditor or national securities exchange requirements of the Company.
Governance Obligations. The Investors shall cause the Investor Director to provide to the Company, prior to nomination and appointment and on an on-going basis while serving as a member of the Board, such information and materials, including completed director and officer questionnaires, as the Company routinely receives from other non-executive members of the Board or as is required to be disclosed in proxy statements under applicable law, rule or regulation or as is otherwise reasonably requested by the Company from time to time from all members of the Board in connection with the governance, legal, regulatory, auditor or national securities exchange requirements of the Company. The Investor Director shall be subject to all codes of conduct and policies generally applicable to non-executive members of the Board (including, without limitation, the Board Confidentiality Policy), provided that the Investor Director shall not be subject to any code of conduct or other confidentiality policies that are more onerous on the Investor Director than those imposed on each other member of the Board.
Governance Obligations. As a statutory agency operating under the aegis of the Minister, the Office is subject to a range of statutory and corporate governance obligations including the 2016 Code of Practice for the Governance of State Bodies. IFCO will ensure that all the necessary obligations, including those for risk management, internal audit and the Public Spending Code are fully complied with.
Governance Obligations. GSO shall cause each Designated Director to provide to New Legacy, prior to nomination and appointment and on an on-going basis while serving as a member of the Board, such information and materials, including completed D&O questionnaires, as New Legacy routinely receives from other members of the Board or as is required to be disclosed in proxy statements under applicable law or as is otherwise reasonably requested by New Legacy from time to time from all members of the Board in connection with the governance, legal, regulatory, auditor or national securities exchange requirements of New Legacy.
Governance Obligations. As an independent statutory quasi-judicial body operating under the aegis of the Minister, the Tribunal is subject to a range of statutory and corporate governance obligations including the 2016 Code of Practice for the Governance of State Bodies (“the Code”). The Tribunal will ensure that all the necessary obligations, including those for risk management and adherence to the Public Spending Code are fully complied with in so far as they can be applied to the Tribunal given its structure and relationship with the Department. It is to be noted that a number of the elements contained the Code cannot be applied directly to the Tribunal, which does not have a Board as foreseen at paragraph 1.1 of the Code and its Members have no functions in the governance or administration of the Tribunal. As acknowledged in the Code, “(I)nstead of a Board structure, some State bodies may be constituted in the form of an individual office holder, tribunal, commission or regulatory body. Where appropriate, the relevant body should reach an agreement and formally document with the relevant Minister/parent Department the extent to which the compliance requirement might be suitably adapted in their case”. Accordingly, certain exemptions from specific provisions in the Code have been applied in this Agreement in application of the principle of ‘Comply or Explain’ (as provided for in the Code) and, where appropriate, exemptions from specific provisions of the Code have been achieved by other governance measures outlined in this Agreement.
Governance Obligations. The Investors shall cause each Investor Director to provide to the Company, prior to nomination and appointment and on an on-going basis while serving as a member of the Board, such information and materials, including completed director and officer questionnaires, as the Company routinely receives from other non-executive members of the Board or as is required to be disclosed in proxy statements under applicable law, rule or regulation or as is otherwise reasonably requested by the Company from time to time from all non-executive members of the Board in connection with the governance, legal, regulatory, auditor or national securities exchange requirements of the Company. Each Investor Director shall be subject to all codes of conduct and policies generally applicable to non-executive members of the Board (including, without limitation, the Board Confidentiality Policy), provided that such Investor Director shall not be subject to any code of conduct or other confidentiality policies that are more onerous on such Investor Director than those imposed on each other non-executive member of the Board.
Governance Obligations. 10.1 Each of the Parties shall perform their respective obligations set out in Error! Reference source not found..
