Purpose: The role of the Audit and Risk Sub-Committee is to develop, implement, oversee and review policy relating to corporate governance and finance and ensure Jersey Australia maintains all regulatory and statutory compliance.
Current Committee
Chair – Jamie Drury – Association Treasurer
Lisa Broad – Association President
Geoff Akers – Association Vice President
Glen Barrett – General Manager
Roles and Responsibilities
- Oversee and monitor annual approved budgetary income and expenditure
- Develop, recommend and review policy relating to
- Constitution
- Book of Rules
- Authorisation Schedules
- Board Policy Related Policy
- Staff and Human Resources Policy
- Audit Rotation policy
- Oversee Jersey Australia’s corporate and regulatory compliance requirements
- Develop and propose annual budget for board approval
- Develop and maintain a corporate risk register
- Board required to approve Register and risk mitigation strategies
- Oversee annual audit and Insurance renewal requirements