S.L. 386.32 Art. 11Responsibilities of the mentors.

(1) The mentor who undertakes to be registered on the register of mentors, shall at all times, act in the best interest of the youth enterprise and its members, exercising reasonable skill, care and diligence as a bonus paterfamilias.

(2) The mentor’s responsibilities shall include, but are not limited to:

(a) providing counsel on the strategic planning and operational execution of the youth enterprise’s business activities;

(b) imparting practical knowledge regarding fundamental business concepts, including market analysis, financial management, marketing and compliance;

(c) facilitating the development of entrepreneurial, leadership, teamwork and communication skills among the members;

(d) regularly and, in any case, not less than three (3) months, monitor the youth enterprise’s progress against its stated goals, business plan, and financial projections;

(e) reviewing and providing feedback on the youth enterprise’s financial records, budget and cash flow statements, ensuring transparency and accuracy in financial reporting;

(f) advising the members on compliance with applicable laws, regulations, and the governing documents of the youth enterprise;

(g) assisting the members in identifying and resolving significant operational or interpersonal challenges that may arise;

(h) serving as a source of motivation, constructive criticism and ethical role modelling for the youth enterprise:

Provided that the mentor shall not hold an executive position within the youth enterprise and shall not participate in the daily management or voting processes of the youth enterprise, unless specifically required to break a deadlock under the youth enterprise’s governance documents:

Provided further that the mentor shall not be personally liable for the financial obligations or debts of the youth enterprise, provided he has acted in good faith and in accordance with the Act and these regulations.

(3) The governing entity may remove the mentor at any time where it deems fit.