Board Induction - Policy Pack

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by Dawn Brown24 views·Updated Jul 8, 2021
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  1. Hello and welcome to this presentation for the board induction
  2. policy pack.
  3. For actual T.
  4. S. I.
  5. The content of today's presentation will take you through the
  6. background and information.
  7. Your duties as a director of a company limited by
  8. guarantee, your duties as a trustee of a Scottish charity.
  9. The relevant acts Scotland's third sector governance forum for the
  10. good governance guide and further information.
  11. This presentation can be paused at any time and there
  12. are clickable links throughout that will help guide you to
  13. the right places.
  14. Welcome to ac.
  15. Otc within your policy pack, you will have a welcome
  16. letter from the current actual chairperson Actual is one of
  17. 32 3rd sector interfaces in Scotland Act as a company
  18. Limited by guarantee, and also a registered Scottish charity.
  19. The role of a third sector interface is defined by
  20. the Scottish government is to build capacity and skills to
  21. be a source of knowledge, connecting partners from statutory and
  22. the community sector and to be a voice of the
  23. community and voluntary sector.
  24. What does act for do at those work is aligned
  25. with the national performance framework sections, as listed below, and
  26. also has a role in supporting social enterprise and volunteering.
  27. You have duties company director as a director.
  28. They fall under the seven duties from the Companies Act
  29. of 2006.
  30. The first four duties as a director are to know
  31. the powers of the company constitution, to promote the success
  32. of the company, to have to exercise independent judgment and
  33. to exercise reasonable care, skill and diligence.
  34. There are also three legal duties listed here relating to
  35. the need for directors to avoid and manage conflicts of
  36. interest, which may affect their objectivity.
  37. Feel free to pause here and read the text below.
  38. There is also a duty to ensure that minutes and
  39. records are kept of decisions and that the decision making
  40. process is properly followed By law.
  41. These must be kept for 10 years.
  42. This may come in handy if you were ever called
  43. on to defend a decision that has been made.
  44. Your duties as a charity trustee.
  45. There are duties placed on charity trustees that are separated
  46. out into general and specific duties.
  47. They are all listed on the Scottish charity register, Oscars
  48. website. If you want further information, specific duties placed on
  49. a trustee are to ensure that the charity details are
  50. correct on the chariot Scottish charity register.
  51. But if you're making any changes that you tell Oscar
  52. as some changes may require permission that you keep good
  53. financial records and reporting that you are open and honest
  54. in your fundraising and that you provide information to the
  55. public as relevant.
  56. Yeah, there are also some general duties on you.
  57. That you must act in the interests of the charity.
  58. You must operate in a manager in a manner consistent
  59. with the charities purpose.
  60. You must act with care and diligence and you must
  61. manage any conflict of interest between the charity in any
  62. persons or organizations who appoints the charity trustees, the relevant
  63. acts that refer to act for TSC.
  64. This is where you will find the companies act of
  65. 2006 And this is where you will find the charity
  66. and trustee investment act of 2005.
  67. The guide listed below here is Turkey and Connell who
  68. do a really useful and accessible guide to the charities
  69. and trustees Investment Act.
  70. I recommend that you take some time to read these
  71. for good governance on further information.
  72. There is good governance dot scott, a really helpful website,
  73. which is from the third sector forum and also Oscar
  74. as the charity regulator sources further help within actual our
  75. Maggie Hepburn.
  76. The Ceo, her email address is here and Sandy May,
  77. There's the development officer that specializes in governance and here
  78. are all the actual details the website, company number, charity
  79. number, registered address and email contact and a telephone number
  80. We'd like to take this time to thank you for
  81. stepping on and becoming a trustee and a director of
  82. actual and we wish you well in all your future
  83. endeavors. Thank you for your time.