Territory Stories

Annual Report 2014/2015 Utilities Commission

Details:

Title

Annual Report 2014/2015 Utilities Commission

Other title

Tabled paper 1571

Collection

Tabled Papers for 12th Assembly 2012 - 2016; Tabled Papers; ParliamentNT

Date

2015-11-19

Description

Deemed

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

Place of publication

Darwin

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2019C01590

Parent handle

https://hdl.handle.net/10070/273186

Citation address

https://hdl.handle.net/10070/799701

Page content

42 Compliance Principle Audit scope Principle 4: The objectives and strategy of the compliance program are endorsed by the governing body and top management. Full audit Principle 5: Compliance obligations are identified and assessed. Full audit Implementation Principle 6: Responsibility for compliant outcomes is clearly articulated and assigned. Focus on ensuring that a compliance framework is established, or in the process of being established. Review against the following sections of AS 3806-2006: 4.1.1 Assigning responsibility to management 4.1.2 Top management responsibility 4.1.3 Compliance manager responsibility Principle 7: Competence and training needs are identified and addressed to enable employees to fulfil their compliance obligations. No audit/review Principle 8: Behaviours that create and support compliance are encouraged and behaviours that compromise compliance are not tolerated. No audit/review Principle 9: Controls are in place to manage the identified compliance obligations and achieve desired behaviours. No audit/review Monitoring and measuring Principle 10: Performance of the compliance program is monitored, measured and reported. No audit/review Principle 11: The organisation is able to demonstrate its compliance program through both documentation and practice. No audit/review Continual improvement Principle 12: The compliance program is regularly reviewed and continually improved. Focus on the establishment of compliance program internal audit and review program. The compliance audit was completed in May 2015. The Commission found that, in relation to licence obligations to have a compliance process and compliance reporting, Power and Water complied in all material respects relating to the requirements of Australian Standard 3806-2006, Commitment Principles 1-5, Implementation Principle 6 (clauses 4.1.1-4.1.3), and the establishment elements of Continual Improvement Principle 12, except for the following: i. Principle 1: 3.1(j) Regular review of the compliance program is required A review of the continued suitability, adequacy and effectiveness of the compliance program/framework as a whole has not occurred since 2010. ii. Principle 2: 3.2.3 Development In developing the policy, consideration should be given to (d) severity of risk of non-compliance Appropriate consideration was not given to the severity of the risk of non-compliance as there is the possibility of


Aboriginal and Torres Strait Islander people are advised that this website may contain the names, voices and images of people who have died, as well as other culturally sensitive content. Please be aware that some collection items may use outdated phrases or words which reflect the attitude of the creator at the time, and are now considered offensive.

We use temporary cookies on this site to provide functionality.
By continuing to use this site without changing your settings, you consent to our use of cookies.