Corporate Governance

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Code of Practice for the governance of State Bodies (2001)
In October 2001, the Government approved a new Code of Practice for the Governance of State Bodies, which replaced the 1992 State Body Guidelines. It is an extensive document which sets out requirements in relation to: -

Codes of Conduct for Directors and Employees

Codes of Conduct for Directors and Employees
The Internal Audit Function
Procurement
Disposal of Assets and Access to Assets by Third Parties
Establishment of Subsidiaries and Acquisitions by State Bodies
Diversification
Investment Appraisal
Remuneration and Directors' fees
Reporting Arrangements
Strategic and Corporate Planning
Tax Compliance


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