Governance – Accosec

Governance

Duties & governance in the Not‐for‐Profit sector

Directors’ duties & governance in the Not‐for‐Profit sector Board members of a not-for-profit organisation are subject to the same statutory and common law duties as directors of other companies. Of course, discharging those duties as a not-for-profit company director will be very different to the…

Director Duties & Responsibilities

Directors Duties and Responsibilities The Corporations Act 2001 The Corporations Act 2001 sets out the responsibilities of directors and secretaries of companies. However, this statute is not the only source of their legal obligations, as the common law and equity also impose duties.…