New Zealand Gazette – 2004 – No. 136

Page 3361

✨ Transport Authority Rules



22 OCTOBER 2004 NEW ZEALAND GAZETTE, No. 136 3361

  1. Directors’ duties

6.1 Accountability

Directors are accountable to the ARC for performance of their collective and individual duties as Directors.

6.2 Collective duties of the board

The Board must ensure that ARTA:

(a) acts in a manner consistent with its statutory objectives, principles and functions and complies with these Rules and the Statement of Intent and Funding Agreement; and

(b) performs its functions efficiently and effectively.

6.3 Individual duties of directors

A Director must:

(a) not contravene, or cause the contravention of, or agree to ARTA contravening, the Act, any other enactment or these Rules;

(b) act in good faith, with honesty and integrity;

(c) exercise a power for a proper purpose; and

(d) exercise the care, diligence, and skill that a reasonable person would exercise in the same circumstances, taking into account (without limitation):

(i)  the nature of ARTA;

(ii)  the nature of the action; and

(iii)  the position of the Director and the nature of the responsibilities undertaken by him or her.

6.4 Reliance on information and advice

In performing his or her duties, a Director may rely on reports, statements, financial data, and other information prepared or supplied, and on professional or expert advice given, by any of the following persons:

(a) an employee of the ARC group whom the Director believes on reasonable grounds to be reliable and competent in relation to the matters concerned;

(b) a professional adviser or expert in relation to matters that the Director believes on reasonable grounds to be within the person’s professional or expert competence; or

(c) any other Director or a committee of the Board on which the Director did not serve in relation to matters within the Director’s or committee’s designated authority.

This rule [6.4] only applies to a Director if the Director:

(a) acts in good faith;



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2004, No 136


Gazette.govt.nz — PDF NZ Gazette 2004, No 136




✨ LLM interpretation of page content

🚂 Rules of the Auckland Regional Transport Authority (continued from previous page)

🚂 Transport & Communications
Transport Authority, Rules, Directors' Duties, Accountability, Governance, Auckland