Model board resolution on independent professional advice

Member resource – this short guidance takes the form of a model board resolution designed to help company directors to comply with the London Stock Exchange’s Combined Code – company secretarial terms of reference and example documents

The UK Corporate Governance Code states in Code Provision B.5.1.: ’The board should ensure that directors, especially non-executive directors, have access to independent professional advice at the company’s expense where they judge it necessary to discharge their responsibilities as directors…’

The model resolution in this guidance suggests working that will help boards to give effect to this principle.

This guidance has been created for CGIUKI members who provide company secretarial services but will also be useful to people working in governance roles in other sectors.

You will need to be logged in as a member, or free subscriber in order to access this guidance note. If you are not yet registered as a free subscriber, you can do so here: Register

Log in to access resource

Search CGI