15
CurrentCode of conduct
Schedule 2Provisions relating to directors and procedure of Board
15 Code of conduct
(1)
The Board must adopt a code of conduct to be observed by the directors.
(2)
The code of conduct must include a statement of the directors’ duties under clauses 6 and 8 and the obligations of the Board under clause 6 in connection with disclosures under that clause.
(3)
The Board must review its code of conduct at least every 3 years and make such changes to it as it considers appropriate.
This Act’s bill:Explanatory memorandumSecond reading speech
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