Financial Management Act 1996
77Role of governing board
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77 Role of governing board (1) If a territory authority has a governing board, the governing board has the following functions: (a) setting the authority’s policies and strategies; (b) governing the authority consistently with the authority’s establishing Act and other relevant legislation; (c) ensuring, as far as practicable, that the authority operates in a proper, effective and efficient way; (d) ensuring, as far as practicable, that the authority complies with applicable governmental policies (if any). Examples of policies for par (a) 1 risk management 2 communication with government 3 corporate planning (2) This section does not limit the functions of a governing board.