CHAPTER 23 - RISK MANAGEMENT FUNCTIONS OF THE MUNICIPAL PUBLIC ACCOUNTS COMMITTEE
34. Functions of the Municipal Public Accounts Committee with respect to risk management
(1) The Municipal Public Accounts Committee is established through section 79 of the Municipal Structures Act in order to promote transparency, accountability, good governance, effective financial management, and quality service delivery at municipalities.
(2) Its primary function in relation to risk management is:
a) To consider and evaluate the risk management content contained in the annual report and to make recommendations to Council when adopting an oversight report on the annual report;
b) Review information relating to past recommendations made on the Annual Report on risk management including the quarterly and mid-year reports;
c) Examine audit reports of the municipality, taking into consideration improvements from previous reports and must evaluate the extent to which the Audit Committee’s and the Auditor General’s recommendations relating to risk management have been implemented, and
d) To perform any other functions assigned to it through a resolution of Council within its area of responsibility.