Issue - meetings

(i)       to note the progress of the Internal Audit plan; and

(ii)      to note the progress that management has made with implementing recommendations agrees in Internal Audit Reports.

The Committee had before it a report by the Chief Internal Auditor which provided an update on the progress against the approved Internal Audit plans, audit recommendations follow up and other relevant matters for the Committee to be aware of.

The report recommended:-

that the Committee -

(a)      note the progress of the Internal Audit Plan; and

(b)      note the progress that management has made with implementing recommendations agreed in Internal Audit reports.

The Committee resolved:-

to approve the recommendations contained in the report.