Common use of DIRECTORS’ POWERS AND RESPONSIBILTIES Clause in Contracts

DIRECTORS’ POWERS AND RESPONSIBILTIES. 4.1 The Directors have a duty to act in fulfilment of the Multi-Academy Trust Company’s objects which are set out in the Articles of Association. The Directors also have a duty to the Xxxxxx to uphold the objects of the Multi-Academy Trust Company and to comply with any directives, advice or guidance issued by the Xxxxxx. 4.2 Directors will have regard to the interests of the other academies for which the Multi- Academy Trust Company is responsible in deciding and implementing any policy or exercising any authority in respect of the Academy. 4.3 Article 100 provides for the appointment by the Directors of committees, which may be known as Local Governing Bodies, to whom the Directors may delegate certain of their functions1. The general power to delegate functions under Article 100 is limited in accordance with Articles 105A, 105AA and 105B. 4.4 The constitution, membership and proceedings of the Local Governing Body is determined by the Directors and this Scheme of Delegation sets this out as well as acknowledging the authority delegated by the Directors to the Local Governing Body in order to enable the Local Governing Body to run the Academy and fulfil its mission. 4.5 Subject to the provisions of the Companies Act 2006, the Articles of Association and to any directions given by the Members of the Multi-Academy Trust Company following a special resolution, or any directives issued by the Xxxxxx or the Diocese, and in accordance with the policies and protocols agreed by the Directors, the way that the business of the Academy is carried forward at a local level shall be delegated by the Directors to the Local Governing Body in accordance with this Scheme of Delegation, more particularly the table at Appendix I.