Committees
12 Committees
The Board – must establish an audit committee; and may establish such other committees as it considers appropriate.
A committee – must provide the Board with advice on any matter referred to it by the Board; and must perform any functions, and may exercise any powers, delegated to it by the Board.
In addition to its functions under subsection (2), the audit committee must provide the Board with advice on – the internal audit charter of the Authority; and monitoring the Authority's systems of financial reporting and internal control; and the resources necessary for the performance of the internal audit function of the Authority.
Schedule 4 has effect with respect to – the members of a committee; and the meetings of a committee.
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