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RESOLVED: That Finance, Audit and Risk Committee
noted and provided recommendations to Cabinet on this mid-year Risk
Management governance update.
 
RECOMMENDED
TO CABINET: That Finance, Audit and Risk Committee
commented on the changes to the Risk Management Framework and
recommended to Cabinet that they approve the changes.
 

REASONS FOR REFERRAL:

(1)  
The responsibility for ensuring the management of risks is that of
Cabinet.

(2)  
This Committee has responsibility to monitor the effective
development and operation of Risk Management.