11Meetings of audit panel

11 Meetings of audit panel

(1)  In this clause –

financial manager means the person, determined by the general manager of a council by notice provided to the person, to be responsible to the general manager in relation to the preparation of the council's financial statements (for the purposes of this clause only).

(2)  An audit panel is to hold not less than 4 meetings in each financial year.

(3)  At a meeting of an audit panel, a quorum is constituted by a majority of the total number of members appointed.

(4)  Despite subclause (3) , if at least one member who is an independent person is not present at the meeting of the audit panel, there is no quorum present.

(5)  The general manager of a council is to attend, or to ensure that his or her delegate attends, each meeting of the council's audit panel.

(6)  The financial manager of a council is to attend, or to ensure that his or her delegate attends, each meeting of the council's audit panel.

(7)  An audit panel may invite or allow any councillor of the relevant council or an employee of the relevant council to attend one or more meetings of the audit panel.

(8)  Subclauses (5) , (6) and (7) do not apply in relation to a meeting of the audit panel if the audit panel determines that the meeting is to be held in private.

(9)  Except as provided by this order or the charter provided to an audit panel under clause 9 , the audit panel may regulate its own proceedings.

(10)  An audit panel is to provide a copy of the minutes of its meeting to the relevant council as soon as reasonably practicable.