Corporate Governance
The Canterbury League Club has embraced this simple principle of Professor Adams and has developed a series of practices that will establish our Club as the benchmark for best practice within the NSW Club industry.
Our focus values are to:
Reasonableness – What a person would be reasonably expected to do or act
Transparency – Actions must be able to withstand reasonable scrutiny
Accountability – Justifiable actions
The Board will aim to achieve managerial best practice by ensuring maximum efficiency in decision-making processes and by ensuring that the legal obligations of the Club are routinely and systematically met.
The Board has put in place a set of systems to ensure that there are recognised procedures with respect to every aspect of managing the Club. For example, the Board has:
Duties of Directors & Accountability
A Director’s prime duty is to the Club. In times of financial difficulty, the Director’s prime duty to the Club will be balanced against the Director’s duty to the Club’s creditors.
A Director owes to the Club duties of honesty, care and diligence, and good faith. These duties are imposed by the Corporations Act and the general law.
These duties are summarised below:
Code of Conduct
The Board of Canterbury League Club have committed unanimously to a comprehensive Code of Conduct for Directors.
The Code embraces a multitude of issues which will provide direction, encourage responsible behaviour and require absolute commitment from each Director in the performance of their duties.
A person who accepts the office of a Director of the Canterbury League Club accepts the responsibilities of reasonable care, honesty, impartiality, confidentiality and loyalty. These responsibilities include acting collectively to manage the business and affairs of the Club through the Chief Executive Officer.
Among other things, the Code requires each Director to attend a corporate governance training seminar at least every 2 years. Further, that every newly elected or appointed Director must attend such a training session within 3 months of their election or appointment.
Audit Committee
During 2006, the Board established an Audit and Compliance Committee comprising Board, management and external representation to continue and support its on-going development of a culture of compliance within the Bulldogs group. This includes our premises at Belmore, Lakemba and Punchbowl.
The role of the Committee is to report to the Board and specifically to:
Whistleblower Policy
To read the full Whistleblower Policy, please click here