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Major Roles of the Governance Team

The research and tools of the Developing Your Board project will be developed around both the board/management committee itself and the major actors within the governance team structure, namely:

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Directors' checklist

The ASIC gives this useful checklist for company directors - here we've modified it for nonprofit organisations generally

You are unlikely to get into trouble if you:

  • are honest and careful in dealing with your organisation, and on its behalf with others
  • understand your legal obligations and make compliance with them part of your business
  • keep informed about your organisation's financial position and performance
  • get professional advice or more information when you are in doubt, and
  • give the interests of the organisation, its members and its creditors top priority.

See the ASIC's information on the duties of officeholders.