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Skills Development Act, 1998 (Act No. 97 of 1998)

Constitutions

Constitution of Wholesale and Retail Sector Education and Training Authority (W&R SETA)

15. Audit Committee

 

15.1 The audit committee shall consist of 4 (four) voting members and the CEO.

 

15.2 The voting members will include:
15.2.1 A chairperson (who shall ideally be a Board member), 3 members of the Board; and
15.2.2 2 (two) external members appointed by the Board

 

15.3 The following persons are normally invited to attend all Audit Committee meetings:
15.3.1.1 An invitee from the office of the Auditor General;
15.3.1.2 The Chief Financial Officer;
15.3.1.3 Head of Internal Audit (and any other person it deems necessary); and
15.3.1.4 A head of a department when he/she has a functional responsibility to be discussed at the Audit Committee