The Board has established a number of committees to assist it in performing its duties and to fulfil its effective decision-making processes. Specific responsibilities have been formally delegated to the subcommittees, with defined regulations and terms of reference.
The chairman of each committee reports back to the Board at each Board meeting and embraces a principle of transparency and full disclosure.
The delegation of authority to Board committees does not mitigate or discharge the directors and the Board from their duties and responsibilities.
Board committee members are authorised to obtain independent outside professional advice when necessary.