Audit Committee meets about 4 times a year.  It is responsible for the following –

·             Approving the annual financial statement and receiving the external auditor’s opinion;

·             Considering the reports from external inspection agencies;

·             Receiving the annual Ombudsman’s letter;

·             Use of resources;

·             Treasury Management;

·             Corporate Governance;

·             Receiving reports on Freedom of Information requests;

·             Approving the internal audit strategy;

·             Reviewing the annual internal audit report;

·             Anti fraud and corruption policies;

·             Risk Management arrangements.