HC-1.6 HC-1.6 Directors' Access to Independent Advice
HC-1.6.1
The board must ensure by way of formal procedures that individual
directors have access to independent legal or other professional advice at thelicensee's expense whenever they judge this necessary to discharge their responsibilities asdirectors and this must be in accordance with thelicensee's policy approved by the board.January 2014HC-1.6.2
Individual
directors must also have access to thelicensee's corporate secretary, who must have responsibility for reporting to the board on board procedures. Both the appointment and removal of the corporate secretary must be a matter for the board as a whole, not for theCEO or any other officer.January 2014HC-1.6.3
Whenever a
director has serious concerns which cannot be resolved concerning the running of thelicensee or a proposed action, he should consider seeking independent advice and should ensure that the concerns are recorded in the board minutes and that any dissent from a board action is noted or delivered in writing.January 2014HC-1.6.4
Upon resignation, a
non-executive director should provide a written statement to the chairman, for circulation to the board, if he has any concerns such as those in Paragraph HC-1.6.3.January 2014