2022-07-12 - S&O Agenda - Item 3 - Attachment 1 - Governance Framework Report

  The Audit and Risk Committee comprises of two councillor members and two
  expert independent external members, one of whom is the Committee Chair.

  Under Council’s Audit and Risk Committee Charter , a key duty of the Committee
  is to provide assurance to Council that its core business goals and objectives are
  being achieved in an efficient and economical manner, within an appropriate
  framework of internal control and risk management.

  BUSINESS CONTINUITY PLANNING
  Council’s Business Continuity Plans (BCP) are a suite of recovery plans,
  comprising of a Master Plan and individual BCPs, that outline the actions to
  ensure Council services are recovered in the shortest timeframe possible in the
  event of a significant disruption. Council tests parts of its BCP yearly with a major
  coordinated test plan at least every two years.

  DISASTER MANAGEMENT
  Council has primary responsibility to coordinate and manage disasters and
  emergency events within Noosa Shire. Under the Disaster Management Act
  2003, Council has the following measures in place:
   • Local Disaster Management Group
   • Local Disaster Management Plan
   • Capability to respond if an event occurs
   • Established a thorough approach to disaster management – prevention,
     preparation, response and recovery
   • Capability to lead and enable local disaster recovery.

  Council’s Local Disaster Management Plan and Local Disaster Recovery Plan are
  critical risk management tools to ensure the safety of the Noosa communities
  and to preserve lives, livelihoods and the environment in the event of a disaster
  affecting the region. Council’s main priority is the preservation of human life.

  INSURANCE MANAGEMENT
  Insurance is a form of risk management primarily used to hedge against the risk
  of a contingent or uncertain loss. Insurance is defined as the transfer of a risk of a
  loss, from one entity to another, in exchange for payment. To adequately protect
  the interest of Council and the community, Council has several insurance policies
  in place, ranging from public liability to travel and fleet insurance, which are
  renewed annually.

  Liability insurance protects Council from public liability and professional
  indemnity claims from third party personal or property damage arising out of a
  failure of our assets or services from an unintended act of negligence by an
  employee in carrying out their duties, providing advice or services. Council is
  insured through Queensland Local Government Mutual Services for public and
  professional liability.



NOOSA SHIRE COUNCIL                                                                PAGE 37