- 05707_banks_ab12a.pdf0.05 MB
1. On page 18, from line 19, to omit subsection (2) and to substitute:
(2) The [functions of the] audit committee shall [be to]— (a) assist the board of directors—
(i) in its evaluation of the adequacy and efficiency of the internal control systems, accounting practices, information systems and auditing processes applied within that bank or controlling company, as the case may be in the day-to-day management of its business;
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