Isle of Man Corporate Governance Principles and Code of Conduct

On 15th November 2005, Tynwald approved the document entitled 'Corporate Governance Principles and Code of Conduct', for application to all Departments, Boards and Offices of Government with effect from 1st April 2006. The following pages in this web site contain the Principles and Code and the supporting documentation required for compliance.

The Isle of Man Corporate Governance Principles and Code of Conduct apply to all "designated bodies" and "departments of Government" within the meaning of the Treasury Act 1985. In this Code they are all referred to as "departments". The following are "designated bodies":

all departments (Department of Agriculture, Fisheries and Forestry, Department of Education, Department of Health & Social Security, Department of Home Affairs, Department of Trade and Industry, Department of Local Government and the Environment, Department of Tourism and Leisure, Department of Transport, and Treasury, that is the bodies established by the Government Departments Act 1987);

all Statutory Boards (the Communications Commission, Office of Fair Trading, Financial Supervision Commission, Insurance and Pensions Authority, Isle of Man Post Office, Isle of Man Water Authority and the Manx Electricity Authority, that is the bodies to whom the Statutory Boards Act 1987 applies);

any other body or authority (other than a local authority), for example Manx National Heritage, constituted by any enactment for any purposes involving the expenditure of public moneys or the receipt of public moneys for the purposes of that body or authority or for the public revenue;

any other body designated as such for the purposes of the Treasury Act 1985 by order of the Council of Ministers.

For the purposes of this document, the term "department of Government" includes the Chief Secretary's Office, Attorney General's Chambers, General Registry, Personnel Office, Gambling Control Commission, Office of the Data Protection Supervisor, and Industrial Relations Service which are not "designated bodies".

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