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Corporate Governance Structure |
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The Board of Management (the Board) of The Royal Australian Chemical Institute Inc. (RACI) is responsible to ensure the RACI has an appropriate corporate governance structure to optimise the realisation of the stated purposes of the RACI (as defined in the Constitution of the RACI) and the creation and protection of membership value. This requires appropriate accountability and control systems are in place. The RACI is publicly disclosing its corporate governance tools as a commitment to corporate governance. The Board maintains and ensures that the RACI’s management maintains the highest level of ethics and code of conduct. As such, the various charters, policies and codes located under this Corporate Governance section will be reviewed, and where necessary, updated, on a regular basis.
The RACI Constitution and By-lawsThe RACI Constitution and By-laws are the RACI’s key governance documents. The Board must ensure the compliance of it's own and all RACI Business Units with the provisions of the Constitution and By-laws of the RACI and do all such things as is legally required under local, state and commonwealth law.
Corporate Governance StatementThe Board is to adopt a Corporate Governance Statement annually. A copy of the Board Charter is available on this web site. The Corporate Governance Statement is to be included in the Annual Report. Board CommitteesThe operation of the RACI is facilitated, and the Board advised, by a number of committees.
View the Board Committee CharterThe Board is to adopt a Board Charter annually at the first meeting of Board following the Annual General Meeting (AGM). Committees of the Board are responsible for considering detailed issues and making recommendations to the Board:
View the
Board and Employee Code of Conduct
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