Example policy for independent professional advice

Last updated: Rāhina, 14 Hōngongoi, 2014 | Monday, 14 July 2014

A member may obtain independent professional advice on issues that relate to his/her duties as a member of the board at the organisation's expense.

This advice can be sought subject to:

  1. Obtaining approval from the Audit Committee for amounts over $…… before any agreement is entered into
  2. Circulating the advice to all directors/trustees when it is received
  3. Seeking at least two quotes where the cost of the advice is likely to be over $……