Issue - meetings

Formation of an Audit & Corporate Governance Committee

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Meeting: 01/03/2007 - Council (Item 121)

121 Formation of an Audit & Corporate Governance Committee pdf icon PDF 92 KB

Report number CHF34 by the Corporate Head of Finance & Resources.

                                                                                                             (Enclosure)

[This report is to be considered by the Constitution and Accounts Committee at its meeting on 26th February 2007.  The recommendation of that committee will be circulated at the Council meeting.]

Minutes:

 

DECISION:

 

1)                 That a Governance and Audit Committee be established with the terms of reference contained in Appendix 1 to report CHFR034 and come into effect at the annual meeting of the Council 2007;

2)                 That the Governance and Audit Committee be compromised of five members and be the subject to political balance with the Chairman retaining a casting vote. A quorum of the committee to be three members. An external individual to be co-opted to the committee with voting rights;

3)                 Membership of the Committee will be subject to having the appropriate skills as set out in Appendix 2 to report CHFR034 and there will be a requirement for mandatory training of members of the Committee;

4)                 That the role and function of the Constitution and Accounts Committee, as set out in article 10 of the Constitution be amended to delete points f) to j) and the name of the committee be changed to ‘Constitution Committee’.

 

An extract of the minutes from the meeting of the Constitution and Accounts Committee held on 26th February 2007 had been circulated. The Leader of the Council and Chairman of that Committee moved the recommendations, which were seconded.

 

Members debated the political balance aspect of the Committee. It was suggested that membership be based on skills sets rather than political group. While nomination rights to seats would be done according to the political balance of the Council, it was not mandatory for a party to nominate people from their own political group. Training for those appointed to the committee would be mandatory. The proposals were put to the vote and carried.