PWC Liability Limitation Agreement Approval

December 18, 2024 Cabinet (Cabinet collective) Key decision Awaiting outcome View on council website
Full council record

Purpose

To consider the report regarding PWC Audit and shareholders liability.

Decision

RESOLVED to approve:

                           I.           The Shareholders Resolution approving PWC's LLA for UNSL's statutory audit, pursuant to Section 536(2)(b) of the Companies Act 2006.

                         II.           Delegation of authority to the Section 151 Officer, in consultation with the Monitoring Officer, to execute necessary documentation.

Related Meeting

Cabinet - Wednesday, 18th December, 2024 7.00 pm, NEW on December 18, 2024

Supporting Documents

Norse FY24 Engagement Letter - including LLA.pdf
PWC Liability Limitation Agreement report.pdf
PwC_Guidance_Liability_Limitation_Agreements.pdf
NorseGroupPwCLimitedLiabilityAgreement.pdf

Details

OutcomeFor Determination
Decision date18 Dec 2024
Effective from31 Dec 2024
Expected date18 Dec 2024
Originally due18 Dec 2024
Lead officerBrian Burton
Subject to call-inYes