Public Board of Directors papers 30 June 2022

CONTENTS

1. Introduction ............................................................................................................ 5 1.1 Role of the Chief Executive.............................................................................. 5 1.2 Caution over the use of delegated powers ....................................................... 5 1.3 Absence of director or Officer to whom powers have been delegated.............. 5 1.4 Other relevant internal control mechanisms ..................................................... 5 2. General .................................................................................................................. 6 Section 1 – Decisions reserved to the Council of Governors ..................................... 7 Section 2 – Decisions and duties delegated by the Council to Committee................. 9 Section 3 – Decisions reserved to the Board of Directors ........................................ 10 Section 4 – Decisions and duties delegated by the Board to Committees ............... 13 Section 5 – Delegations derived from the Accounting Officer memorandum ........... 17 Section 6 – Delegations relating to the Code of Conduct and Accountability ........... 20 Section 7 – Delegations from Board of Director Constitution ................................... 22 Section 8 – Delegation from Standing Financial Instructions (SFIs)......................... 23

Schedule of Reservation of Powers Document Ref: Scheme of Delegation Version 05

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