Corporate Governance · glossary
Passing an authority down. The charter allows three cases only, each while the holder is away: the chief executive and the chief financial officer for each other, and a site manager to a named deputy. Each is in writing, for a stated period, copied to the company secretary. Charter §3.2 · Schedule B, paragraph 2 · Chapter 2
Explained in Chapter 2, Matters Reserved and Delegation, of Corporate Governance.
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