PERIOD OF OFFICE AND REMUNERATION STANDARDS OF BEHAVIOUR IN PUBLIC LIFE

Independent Governors are normally appointed for a period of three years. Any Independent Governor appointed (and being eligible) may be further appointed, subject to satisfactory performance (and on the recommendation of the Nominations Committee) on expiry of their term of office. Independent Governors can serve a maximum of three terms.

Independent Governors are not remunerated but the GSA will reimburse reasonable expenses including travel costs. Depending on individual circumstances, the provision of financial assistance to Independent Governors who might otherwise find it difficult to attend meetings may be considered.