The Institute of Internal Auditors–Australia (IIA–Australia) is making this submission in relation to the review of the Local Government Act 1993.
This submission is focused mainly on Part D – Responsible and Effective Councils and particularly the notion of legislating eight good governance principles.
Firstly, the IIA-Australia will argue the basis of creating a strong governance structure and framework relies not on just legislating principles, but adopting a more prescriptive governance regime, which in part relies on having an effective third line of defence – internal audit.
The evidence to support this proposition is discussed in more detail in the submission.