Requirements of the Board and its Members
The Board is required to:
- establish the overall strategic direction of the Agency within the policy and resources framework determined by the Secretary of State;
- ensure that the Secretary of State is kept informed of any changes which are likely to impact on the strategic direction of the Agency or on the attainability of its targets, and determine the steps needed to deal with such changes;
- ensure that the RDA meets the objectives set down in Performance Monitoring Framework;
- ensure that any statutory or administrative requirements for the use of public funds are complied with; that the Board operates within the limits of its statutory authority and any delegated authority agreed with the sponsor Department, and in accordance with any other conditions relating to the use of public funds; and that, in reaching decisions, the Board takes into account guidance issued by the sponsor Department;
- ensure that the Board receives and reviews regular financial information concerning the management of the Agency; is informed in a timely manner about any concerns about the activities of the Agency; and provides positive assurance to the Department that appropriate action has been taken on such concerns;
- demonstrate high standards of corporate governance at all times, including by using the independent audit committee to help the Board to address the key financial and other risks facing the Agency;
- appoint, with the Secretary of State’s approval, a Chief Executive to the Agency;
- follow the Seven Principles of Public Life published by the committee on Standards in Public Life; and
- not hold any paid or high-profile unpaid post in a political party, and not engage in specific political activities on matters directly affecting the work of this body. When engaging in other political activities, Board members should be conscious of their public role and exercise proper discretion.
