Principle 5: The Rulebook
Documents that outline duties, powers, roles and responsibilities
An organisation should clearly define and document its structure and the duties, responsibilities and powers of members, directors, committees and management.
| Standard | 2021 Avg | 2022 Avg | |
|---|---|---|---|
| 5.1 | The organisation should be a legal entity incorporated under the legislation which best fits its size, need and jurisdiction | 2.3 | 3.9 |
| 5.2 | The organisation should have a staggered rotation system for directors, with term limits and a maximum tenure of no longer than 10 years. A director may serve on the Board for a maximum of 12 years if appointed as chair of the organisation or to a senior position with an international federation | 3.4 | 3.6 |
| 5.3 | A director who has completed the maximum term on the board is not eligible to stand as a director for that organisation for a period of at least three years | 2.9 | 3.3 |
| 5.4 | The board has a process for inducting new directors | 3.1 | 3.1 |
| 5.5 | The board operates under a documented board charter | N/A | 3.0 |
- After being one of the lowest scoring standards in 2021, Standard 5.1 ranks as the most improved Standard in 2022 and the highest scoring standard overall. This significant improvement is a result of clarification of the Standard and acknowledging that most NSOs and NSODs are already incorporated as a Company Limited by Guarantee and conform to the highest level of governance maturity in this area.
- Due to a systems error, Standard 5.5 was not collected in 2021.
SPOTLIGHT ON ICE RACING
During the Governance and Organisational Enhancement planning process Australian Ice Racing worked with their ASC governance advisor to apply to become a Company Limited by Guarantee through the Australian Securities and Investments Commission. This entity status enables a more appropriate legal structure for the size, scope and activities of Australian Ice Racing.
Becoming a legal entity that best suits the size, needs and jurisdiction of the organisation, helped Australian Ice Racing leap from 2 to 4 on the maturity scale for Standard 5.1.