15Audit and risk management committee

15 Audit and risk management committee

(1)  The TasTAFE Board must establish an audit and risk management committee.

(2)  The audit and risk management committee established under subsection (1) is to provide advice to the TasTAFE Board on each of the following matters:

(a) the establishment and review of an audit charter for TasTAFE;

(b) the establishment and review of systems of financial reporting and internal control for TasTAFE;

(c) the resources necessary to carry out an internal audit, or risk evaluation or management, of TasTAFE;

(d) any other matter referred to it by the TasTAFE Board.

(3)  Schedule 2 has effect in respect of the membership and meetings of the audit and risk management committee.