Establishing the company's strategic direction and priorities.

Observing the external operating environment to ensure the company's strategic direction remains both appropriate and achievable.

Monitoring the company's performance and evaluating the achievement of the strategic and business plans and annual budget outcomes.

Establishing the policy framework for governing the organisation from which all operational policies and actions are developed.

Ensuring the company has appropriate corporate governance structures in place including standards of ethical behaviour and promoting a culture of corporate and social responsibility.

Appointing, setting targets in order to evaluate the performance of and reward as appropriate.

Monitoring the organisational compliance with the relevant federal, state and local legislation and bylaws, and with the organisation's own policies.

Providing advice and guidance to the MD/CEO as required.

Assessing risks facing the organisation, establishing a risk management plan and monitoring compliance.

Evaluating the effectiveness as a board.