Board regulations ('bestuursreglement')

Board regulations (in Dutch: bestuursreglement) set out how the board of a foundation operates internally. It supplements the deed of incorporation for day-to-day practice: e.g. who signs off on what, how decisions are made, how conflicts are handled, and what applies when a board member has a personal interest. The board regulations may never contradict the deed of incorporation: they always operate within the framework the deed establishes.
A board regulations document is not required by law, but it is a practical tool for preventing ambiguity and resolving disputes before they arise.
TitleDeed of incorporationBoard regulations
In DutchAkte van oprichtingBestuursreglement
HierarchyHigher in hierarchyLower in hierarchy
Established byNotaryBoard itself
AmendingNotarial deed requiredBoard resolution suffices
ContentPurpose, powers, structureProcedures, working methods, conduct rules
ValidityExternal (chamber of commerce, third parties)Internal

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