85
In forceHonesty, care and diligence of governing board members
Part 8Financial provisions for territory authorities
Division 9.3Functions of governing board members
85 Honesty, care and diligence of governing board members
In exercising the functions of a governing board member, a member must exercise the degree of honesty, care and diligence required to be exercised by a director of a corporation in relation to the affairs of the corporation.
This Act’s bill:Explanatory statement
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