Content

RESOLVED:
 

That SIB notes the governance process followed in
reviewing and approving business plans.
That SIB acknowledges
the key risks identified and the mitigation strategies in
place.
That SIB endorses the
forward plan for SIB activities including asset disposals and
company wind-down.

 
Reasons for
Decisions:
 
The recommendations are to ensure transparency
of the business plans of the investment companies and properties,
to highlight the risks and opportunities to drive accountability
and strategic oversight and continuous improvement in company and
investment performance.
 
(The decisions on
this item can be called-in by the
Resources and Performance Select Committee)