A report by the Director of Finance advised that the meeting of the Audit and Risk Management Committee on 17 January 2011 had considered a statement by the Chair regarding the requirement to complete an annual report to Cabinet on the work undertaken by the Audit and Risk Management Committee.

The Annual Report prepared by the Chair was made available to the Cabinet in consultation with Internal Audit which was agreed by the Audit and Risk Management Committee on 28 March 2011.

RESOLVED:

That the Annual Report be noted.