(a) To provide an effective
means of governance of Council Companies and to oversee the
activities of such Council Companies.
(b) To represent the
Council’s interests as shareholder and to communicate the
Council’s views to the Council Companies.
(c) To safeguard the Council
from excessive risk taking or poor performance by the Council
(d) To provide assurance that
the Council Companies are following the strategic direction and
objectives which have been agreed and is delivering its service and
(e) To make recommendations to
Cabinet as to any action which need to be taken as corporate
shareholder of the Council Companies