PART 6OVERVIEW AND SCRUTINY
CHAPTER 2GOVERNANCE AND AUDIT COMMITTEES
81Local authorities to appoint F1governance and audit committees
(1)
A local authority must appoint a committee F2(a “governance and audit committee”) to—
(a)
review and scrutinise the authority's financial affairs,
(b)
make reports and recommendations in relation to the authority's financial affairs,
(c)
review and assess the risk management, internal control F3, performance assessment and corporate governance arrangements of the authority,
(d)
make reports and recommendations to the authority on the adequacy and effectiveness of those arrangements,
F4(da)
review and assess the authority's ability to handle complaints effectively,
(db)
make reports and recommendations in relation to the authority's ability to handle complaints effectively,
(e)
oversee the authority's internal and external audit arrangements, and
(f)
review the financial statements prepared by the authority.
F5(1A)
See Chapter 1 of Part 6 of the Local Government and Elections (Wales) Act 2021 (performance and governance of principal councils) for further functions of governance and audit committees.
(2)
A local authority may confer on its F6governance and audit committee such other functions as the authority considers suitable to be exercised by such a committee.
(3)
It is for F7a governance and audit committee to determine how to exercise its functions.