The people on the main board of the LiFE MAT are known as Trustees. These roles come with specific legal responsibilities which include:
- ensuring there is clarity of vision, ethos and strategic direction
- holding executive leaders to account for the educational performance of the organisation and its pupils, and the performance management of staff
- overseeing the financial performance of the organisation and making sure its money is well spent
- ensuring the voices of stakeholders are heard
MATs are required to produce a ‘scheme of delegation’ which outlines what decisions are taken by whom and at what level of the organisation. MATs must also comply with the Academies Financial Handbook which acts as the financial framework for academy trusts and sets out the financial governance requirements that all trusts must adhere to.