Can You Help?

We have recently received the following question by 1 of our members and we are wondering if anybody can help?

We’ve just had a Board discussion about what, if any are the implications for HA Boards of the Companies Act (2006) that came into effect on 1st October last year.

We think that, assuming the Board is acting in compliance with best practice on governance, there is no real implication – but others may have read this differently. Have you had any information on this, and if not, could you post my query on the message board for others to contact me, particularly if they have concluded that there is no implication, or if they have done something specific in order to ensure compliance?

If you can offer any help please leave a comment.