Governance Charter and Delegation of Authority

Policy statement

Defines reserved authorities of the Board, committees and management, delegation limits and prevents self-approval of sensitive decisions.

Operating rules

1. Clause 1 Defines reserved authorities of the Board, committees and management, delegation limits and prevents self-approval of sensitive decisions.
2. Clause 2 The policy owner shall define accountable roles for approval, implementation and escalation and prevent inappropriate self-approval of decisions.
3. Clause 3 Implementation records and evidence shall be retained for periods proportionate to risk and applicable legal or contractual obligations.
4. Clause 4 Exceptions shall record rationale, owner, approval, expiry and compensating controls; permanent exceptions shall not be treated as normal practice.
5. Clause 5 The policy shall be reviewed periodically and after material change, incident or audit evidence of weakness, with a maintained change log.

Accountability and review

The document owner is identified in document control, and the policy is subject to the governance review, approval and change-control lifecycle.