division_name: Cities and Local Government Devolution Bill [HL] &#8212; <i>Report (2nd Day)</i>
motion: <p class="italic" pid="a.591.4/1" pwmotiontext="unrecognized">Relevant documents: 1st, 2nd and 3rd Reports from the Delegated Powers Committee</p>
  
  <p class="italic" pid="a.591.4/2" pwmotiontext="unrecognized">Amendment 34A</p>
  
  <p class="italic" pid="a.591.4/3" pwmotiontext="unrecognized"> Moved by Lord McKenzie of Luton</p>
  
  <p pid="a.591.4/4" pwmotiontext="unrecognized"><b>34A:</b> After Clause 7, insert the following new Clause&#8212;</p>
  
  <p pid="a.591.4/5" pwmotiontext="unrecognized">&#8220;Audit committees</p>
  
  <p pid="a.591.4/6" pwmotiontext="lines">(1) A combined authority must arrange for the appointment of an audit committee to&#8212;</p>
  
  <p pid="a.591.4/7" pwmotiontext="lines">(a) scrutinise the authority&#8217;s financial affairs;</p>
  
  <p pid="a.591.4/8" pwmotiontext="lines">(b) review and assess the authority&#8217;s risk management, internal control and corporate governance arrangements; and</p>
  
  <p pid="a.591.4/9" pwmotiontext="lines">(c) review and assess the economy, efficiency and effectiveness with which resources have been used in discharging the authority&#8217;s functions.</p>
  
  <p pid="a.591.4/10" pwmotiontext="lines">(2) The audit committee must have an independent chair.&#8221;</p>