What is a Code of Governance?

A Code of Governance is a document which consolidates the key governance practices at an organisation, including:

  • Company Structure

  • Role descriptions for Trustees, Chair and other board portfolio holders

  • Respective responsibilities of Board and Executive

  • Schedule of Matters (items reserved for Board decision only)

The main benefits of a Code of Governance are in inducting new Board members with a comprehensive governance document and in maintaining good governance practice in an organisation over a period of time.

A template Code of Governance for a fictional organisation is provided here.

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