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Regulation 7 Audit committees

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Each local probation board shall establish an audit committee.

(2)

The audit committee shall be responsible for reviewing the financial management and probity of the local probation board.

(3)

An audit committee shall have a maximum of 6 members, of whom at least 4 shall also be members of the local probation board.

(4)

The quorum of an audit committee shall not be less than 4.

(5)

Where the number of members attending a meeting of an audit committee who are not also members of the local probation board exceeds the number of committee members attending the meeting who are also members of the board, any decision made by the committee must be ratified by the board in order to take effect.

(6)

The chairman of an audit committee must be appointed by the chairman of the local probation board.

(7)

Neither the chairman of a local probation board nor the chief officer of the board may be appointed as the chairman of the audit committee.