The Executive Shareholder and Trustee Committee has been
established by the Executive specifically to discharge the
shareholder and trustee functions of the Council. The Committee
will meet at least quarterly to receive reports and accounts from
the Companies and Charities, but otherwise meetings will be called
on an “as and when required” basis to deal with company
and charity business.
Only members of the Executive may sit and vote on the Committee.
A quorum of three.The Leader and Deputy Leader of the Council shall
be the Chairman and Vice-Chairman respectively of the
Committee.
The Committee will exercise the
function of the Council as shareholder and trustee as stipulated by
relevant legislation including the Companies Act 2006 and Charities
Act 2011 and associated statutory guidance and any guidance issued
by relevant regulators.