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Which of the following corporate policies is not required by UK Corporate Governance Code? A. A board where there is a balance of power between the Chairman and the Chief Executive such that no one person has unfettered powers of decision. B. A board that has a balance of executive and non-executive directors in terms of local, regional and national representation such that, in particular, local commercial issues are appropriately represented. C. A board that meets regularly, has certain matters reserved for its decision and where directors are able to obtain independent professional advice. D. A board that has a balance of executive and non-executive directors such that no individual or small group is dominant. |