Common use of Governance Framework Clause in Contracts

Governance Framework. 4.1 The HIARB has an established Corporate Governance Framework which reflects all relevant good practice guidance. The framework includes the governance structures established within the HIARB and the internal control and risk management arrangements in place. This includes its committee structure. By signing this Agreement TEO acknowledge their satisfaction with the framework. 4.2 The HIARB shall follow the principles, rules, guidance and advice in Managing Public Money Northern Ireland. A list of other applicable guidance and instructions which the HIARB is required to follow is set out in Annex 6. Good governance should also include positive stakeholder engagement, the building of positive relationships and a listening and learning culture.

Appears in 2 contracts

Sources: Partnership Agreement, Partnership Agreement