Cities and Local Government Devolution Bill [HL] — Report (2nd Day) — 15 Jul 2015 at 18:59
Relevant documents: 1st, 2nd and 3rd Reports from the Delegated Powers Committee
Moved by Lord McKenzie of Luton
34A: After Clause 7, insert the following new Clause-
(1) A combined authority must arrange for the appointment of an audit committee to-
(a) scrutinise the authority’s financial affairs;
(b) review and assess the authority’s risk management, internal control and corporate governance arrangements; and
(c) review and assess the economy, efficiency and effectiveness with which resources have been used in discharging the authority’s functions.
(2) The audit committee must have an independent chair.”
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