External Auditor Policy
The Board has approved an External Auditor Policy on 28 September 2017 that addresses the provision of services by the external auditor, including non-audit services.
The Audit Committee monitors services provided by the external auditor during the financial year to confirm that the external auditor continues to be independent and to confirm compliance with the policy. The Audit Committee also monitors the rotation requirements for the lead partner of the external auditor under the MIA By-laws every five financial years.
One of the Audit Committee's key responsibilities is to assess the performance of the external auditor and, as appropriate, make recommendations to the Board on the appointment, re-appointmen or replacement of the external auditor.