Territory Stories

Annual Report 2014/2015 Utilities Commission



Annual Report 2014/2015 Utilities Commission

Other title

Tabled paper 1571


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






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.




Tabled papers

Place of publication


File type




Copyright owner

See publication



Parent handle


Citation address


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