SCHEDULE 2Relationship between the Auditor General and the WAO

PART 1CODE OF PRACTICE

Preparation and approval etc

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1

The WAO and the Auditor General must jointly prepare a code of practice dealing with the relationship between the WAO and the Auditor General.

2

In doing so, they must seek to reflect the principle set out in section 8(1) and (2).

3

The WAO and the Auditor General must jointly review the code regularly and revise it as appropriate.

4

The code (including any revision) must be approved by the National Assembly.

5

For this purpose, the chair of the WAO and the Auditor General must lay the code (or revision) before the National Assembly.

6

The WAO and the Auditor General must each comply with a code approved by the National Assembly.

7

The WAO and the Auditor General must arrange for an approved code to be published.

Content

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1

The code must include—

a

provision about how the WAO is to monitor the Auditor General's functions for the purposes of section 17(1);

b

provision about how advice is to be given by the WAO to the Auditor General for the purposes of section 17(2) (including the nature of the advice to be given);

c

provision about standards for corporate governance.

2

The code may include provision about any other matter relevant to the relationship between the WAO and the Auditor General.