This Sub Committee is one of the Council’s
Shareholder Boards and shall act with the delegated authority of
the Cabinet to ensure that the duties and responsibilities of the
Council as the sole shareholder are exercised through each company,
including but not limited to exercising decisions that are reserved to the shareholder and responding to
matters raised by the board of directors, except for those
specified matters which will remain matters reserved for
consideration and decision by the Cabinet.
The Shareholder Boards are
responsible for ensuring that the companies are providing high
quality services, value for money and are fit for
purpose.