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3.—(1) In this regulation the term “governing body” includes the temporary governing body of a new school.
(2) In exercising their functions, the governing body shall have as their terms of reference the principles that they shall—
(a)act with integrity, objectivity and honesty in the best interests of the school; and
(b)be open about the decisions they make and the actions they take and in particular shall be prepared to explain their decisions and actions to interested persons.
(3) Nothing in paragraph (2)(b) shall require the governing body to disclose material relating to—
(a)a named teacher or other person employed or engaged, or proposed to be employed or engaged, at the school;
(b)a named pupil at, or candidate for admission to, the school; or
(c)any matter which by reason of its nature, the governing body or a committee of the governing body are satisfied should remain confidential.
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