10. Board Committees
| 10.1 | The Board has established a number of Committees that have oversight of areas of particular concern or interest to the Board. Each Committee’s role and responsibilities are agreed to by the Board from time to time. The Board may also establish ad hoc committees from time to time. | |||
| 10.2 | The current Committees are: | |||
| 10.2.1 | Communications Committee - the role of this Committee is to establish and maintain CAL’s relations with external stakeholders. | |||
| 10.2.2 | Cultural Research and Development Committee - the role of this Committee is to make recommendations to the Board as to the allocation of CAL’s Cultural Fund, to monitor the acquittal of these funds, and to report to the Board on the progress of projects undertaken. | |||
| 10.2.3 | Audit and Finance Committee - the role of this Committee is to review CAL’s financial position, and to make recommendations to the Board on all matters affecting CAL’s finances including: | |||
| (a) | proving procedures for appointing external auditors and for reviewing audit arrangements; and | |||
| (b) | ensuring that the directors receive a statement of the independence of CAL’s auditors prior to each year’s final audit. | |||
| 10.2.4 | Governance/Risk Management Committee - the Governance/Risk Management Committee reviews all matters relating to corporate governance including the composition of the Board and the appointment of directors to the Board of directors, and the continuing development of this governance statement. | |||
| 10.2.5 | Remuneration Committee - the role of this Committee is to review the remuneration packages for the senior staff of the company and to ensure that CAL's remuneration policies and practices are consistent with CAL’s strategic goals. | |||
| 10.3 | Generally, Board Committees will comprise only those director representatives nominated by the Board. When appointing directors to Board Committees, the Board will have regard to the individual director’s expertise and skill. | |||
| 10.4 | Board Committee meetings are normally attended by the Chief Executive Officer, and another senior manager of CAL who provides secretarial functions and specialist input for that Committee. | |||
| 10.5 | CAL’s Board Committees are advisory Committees. Matters requiring the company’s decision are referred to the next meeting of the Board. | |||