LOCAL GOVERNMENT ACT 2020 - SECT 53 Council must establish an Audit and Risk Committee

LOCAL GOVERNMENT ACT 2020 - SECT 53

    (1)     A Council must establish an Audit and Risk Committee.

    (2)     An Audit and Risk Committee is not a delegated committee.

    (3)     An Audit and Risk Committee must—

        (a)     include members who are Councillors of the Council; and

        (b)     consist of a majority of members who are not Councillors of the Council and who collectively have—

              (i)     expertise in financial management and risk; and

              (ii)     experience in public sector management; and

        (c)     not include any person who is a member of Council staff of the Council.

    (4)     The chairperson of an Audit and Risk Committee must not be a Councillor of the Council.

    (5)     Sections 123 and 125 and Division 2 of Part 6 apply to a member of the Audit and Risk Committee who is not a Councillor as if the member were a member of a delegated committee.

    (6)     A Council may pay a fee to a member of an Audit and Risk Committee who is not a Councillor of the Council.