To appoint four members of Cabinet to the Shareholder Committee.

That:

a)     Four named members of Cabinet are appointed to the Shareholder Committee; and

b)     That the terms of reference of the Shareholder Committee is changed so that future appointments are made by the Leader.

1. Not to makes appointments to the Shareholder Committee – this is not recommended as the responsibilities and requirements as a shareholder of companies must be performed within the Council. Further, the Council has awarded contracts to its owned companies (whether wholly or jointly owned) without a full tender but relying on Regulation 12 exemption in the Public Contract Regulations 2015. This exemption remains but the Council must demonstrate that it continues to exercise decisive influence over the strategic objectives and significant decisions of the company. The Shareholder Committee plays an important part in this influence.