A public entity board must comply with statutory obligations under the legislation that affects it, relevant government policies and ministerial directions.

A board should also develop and approve a risk management plan suited to the size and needs of the public entity and its risk profile. It must inform the responsible minister of major risks to the public entity and the applicable risk management procedures in place to mitigate them.

A board and directors need to have their effectiveness assessed at least annually. The assessment identifies areas for improvement and provides an opportunity for further director development and/or board renewal. Circumstances can also change such that new board capabilities – or greater diversity – are needed for the future.

A board should develop a compliance program that suits the compliance needs of the public entity.


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There is a large body of legislation that applies to Victorian public entities.


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There is a large body of Acts of Parliament that apply to a public entity in Victoria, including legalisation aimed at improving administration.


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There is a large body of Acts of Parliament that apply to a public entity in Victoria, including legalisation emphasising stewardship.


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There is a large body of Acts of Parliament that apply to a public entity in Victoria, including legalisation focussed on public entity accountability and transparency.


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A ministerial direction is a direction addressed to the board of a public entity requiring it to act in a particular way in relation to certain aspects of its work.


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A board should develop and approve a risk management plan suited to the size and needs of its public entity and its risk profile.


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A board and directors need to have their effectiveness assessed at least annually. 


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