173.5. An audit committee is established within the Comité de retraite. The audit committee shall be composed of four members, other than the president appointed from and by the Comité de retraite. Two of the members shall represent the Government and the other two shall represent employees who are members of the Pension Plan of Management Personnel.
The audit committee is responsible for(1) receiving, for review, the draft financial statements of the Pension Plan of Management Personnel, and making a report thereon to the Commission;
(2) making a review of the administration of the Commission concerning the plan and submitting recommendations to the Commission;
(3) receiving, for review, the reports of the internal auditors of the Commission and of the Auditor General.
1996, c. 53, s. 38; 2001, c. 31, s. 340.