The role of each board is to:
- be the governing body of the entity
- exercise the powers and perform the functions of the entity
- make decisions (whether themselves or through delegates) about the operation of the entity, and
- ensure that the entity's functions are performed efficiently and effectively.
A board is expected to engage constructively and professionally with the responsible Minister and his/her department. The Ministers of Finance and State Services wrote to boards in December 2004, after the passage of the Act, setting out the Government's expectations of boards (Appendix 2). The letter stresses the need for no surprises, working together for common outcomes, and responsible financial management.