The Board and Audit and Risk Committee Sample Clauses

The Board and Audit and Risk Committee. As the Accounting Authority in terms of the PFMA, the Board has a fundamental role in the management of risk. It will:  receive an opinion from the Audit and Risk Committee that will include its review of the processes of risk management and internal control;  consider risk issues as they affect Board decisions;  review key strategic risks that will be analysed annually alongside the strategic plan;  periodically review risks as part of the monitoring of the annual operating plan.
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Related to The Board and Audit and Risk Committee

  • Audit Committee (A) The Audit Committee shall be composed of five members who shall be selected by the Board of Directors from its own members, none of whom shall be an officer of the Company, and shall hold office at the pleasure of the Board.

  • Labour Management Committee (a) Where the parties mutually agree that there are matters of mutual concern and interest that would be beneficial if discussed at a Labour-Management Committee Meeting during the term of this Agreement, the following shall apply.

  • Joint Job Evaluation Committee The parties entered into agreement December 17, 1992, to ensure the Joint Gender- Neutral Job Evaluation Plan remains current and operational and to that end endorsed the Joint Gender-Neutral Job Evaluation Maintenance Agreement. The parties agree that a guiding principle for the Committee is that there shall be no discrimination between male and female employees wherein a person of one sex is paid more than a person of the other sex for similar or substantially similar work.

  • Staffing Committee A. Responsibilities. The Nurse Staffing Committee (“NSC”) shall be responsible for determining the Institute’s staffing plan and resolving complaints raised by nurses regarding the implementation of the plan as well as those activities required of it under RCW 70.41, et seq and its successors.

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