Agenda and minutes

Shareholder Committee
Monday, 22nd October, 2018 6.15 pm

Venue: Crompton Suite, Civic Centre, Oldham, West Street, Oldham, OL1 1NL. View directions

Contact: Sian Walter-Browne  Email: sian.walter-browne@oldham.gov.uk

Items
No. Item

1.

Election of Chair

The Panel is asked to elect a Chair for the duration of the meeting.

Minutes:

RESOLVED that Councillor Jabbar be elected Chair for the meeting and the remainder of the Municipal Year 2018/19.

 

2.

Apologies For Absence

Minutes:

Apologies for absence were received from Councillor Ur-Rehman.

3.

Declarations of Interest

To Receive Declarations of Interest in any Contract or matter to be discussed at the meeting.

Minutes:

There were no declarations of interest received.

4.

Urgent Business

Urgent business, if any, introduced by the Chair

Minutes:

There were no items of urgent business received.

5.

Public Question Time

To receive Questions from the Public, in accordance with the Council’s Constitution.

Minutes:

There were no public questions received.

6.

Exclusion of the Press and Public

That, in accordance with Section 100A(4) of the Local Government Act 1972, the press and public be excluded from the meeting for the following items of business on the grounds that they contain exempt information under paragraph(s) 3  of Part 1 of Schedule 12A of the Act, and it would not, on balance, be in the public interest to disclose the reports.

Minutes:

RESOLVED that, in accordance with Section 100A(4) of the Local Government Act 1972, the press and public be excluded from the meeting for the following items of business on the grounds that they contain exempt information under paragraph 3 of Part 1 of Schedule 12A of the Act, and it would not, on balance, be in the public interest to disclose the reports.

7.

Majority Shareholder Reserved Matters

Minutes:

The Committee gave consideration to the commercially sensitive information in relation to Item 7 – Majority Shareholder Reserved Matters.

 

They were informed that the Council, acting as the sole shareholder of The Unity Partnership Limited, was required to make all decisions which were listed in the list of “Majority Shareholder Reserved Matters” which were appended to the Articles of Association of the company.

 

RESOLVED - That the recommendations as detailed within the report be approved.

 

8.

Continuation of External Auditor for Unity Partnership Ltd

Minutes:

The Committee gave consideration to the commercially sensitive information in relation to Item 8 - Continuation of External Auditor for Unity

Partnership Ltd, that sought approval for the existing external auditors to be the External Auditors to the Unity Partnership Ltd, for the financial years 2017/18 and 2018/19.

 

Members asked for clarification on the increase in fees and were informed this was due to the additional complexities created by the change of ownership.

 

RESOLVED - That the recommendations as detailed within the report be approved.