PARLIAMENTARY SERIES NO. 236
(b) Propose the Agenda to the COPE. The Agenda will include the time table. The frequency of an institution being summoned will be based on its grading as in (a) of 4.2. (c) Finalize reports. 4.3. The creation of government institutions outside a Parliament Act will have to be notified to the COPE Secretariat by the relevant Secretary to the Ministry and the Registrar of Companies. The Ministry Secretaries and the Registrar of Companies will be notified. 5. Scrutiny of Institutions will be focused on the following areas amongst others: 5.1. Performance against objectives and plans set out by the institutions. 5.2. Financial performance. 5.3. Compliance with accounting standards, regulations and law. 5.4. Governance. 5.5. Suitability of Board Members will be evaluated based on : (a) Minimum qualifications and/or experience criteria to be adopted. (b) Specialized knowledge/experience where necessary. (c) Each Board to be profiled for required disciplines and skill levels. (d) The Auditor will submit a compliance report to COPE on the profile of Board Members as per (a), (b), and (c) of 5.5. 5.6. Suitability of the Senior Management will be evaluated based on the followings. (a) Senior Management team to be identified by organizational position. (b) A ‘fit for job’ to be adopted by a Board for CEO and Senior Management. (c) The Auditor will submit a compliance report to the COPE on the ‘fit for job’ criteria for Senior Management as per (a) and (b) of 5.6. (d) Ensuring sufficient resources are allocated for human resource training and that the key functions are covered. 6. On-the-Spot Investigations: As and when it is necessary, the Committee will make On-the-spot inspections into selected institutions to get a broader understanding on the matters needed to be investigated. Initiating this practice, the Committee has already made On-the-spot investigations into the Sri Jayawardenapura Hospital ,Institute of Tourism and Hotel Management and on the directive of the Committee the Auditor General had made a special investigation into the matter related to the import of contaminated fuel by the Ceylon Petroleum Corporation of which the report had already been submitted to the Hon. Speaker.
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