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PART 6 WOVERVIEW AND SCRUTINY

CHAPTER 2W [F1GOVERNANCE AND] AUDIT COMMITTEES

Textual Amendments

81Local authorities to appoint [F2governance and] audit committeesW

(1)A local authority must appoint a committee [F3(a “governance and audit committee”)] to—

(a)review and scrutinise the authority's financial affairs,

(b)make reports and recommendations in relation to the authority's financial affairs,

(c)review and assess the risk management, internal control [F4, performance assessment] and corporate governance arrangements of the authority,

(d)make reports and recommendations to the authority on the adequacy and effectiveness of those arrangements,

[F5(da)review and assess the authority's ability to handle complaints effectively,

(db)make reports and recommendations in relation to the authority's ability to handle complaints effectively,]

(e)oversee the authority's internal and external audit arrangements, and

(f)review the financial statements prepared by the authority.

[F6(1A)See Chapter 1 of Part 6 of the Local Government and Elections (Wales) Act 2021 (performance and governance of principal councils) for further functions of governance and audit committees.]

(2)A local authority may confer on its [F7governance and] audit committee such other functions as the authority considers suitable to be exercised by such a committee.

(3)It is for [F8a governance and] audit committee to determine how to exercise its functions.

Textual Amendments

Commencement Information

I1S. 81 in force at 30.4.2012 by S.I. 2012/1187, art. 2(1)(j)