b'Board Procedures and Policies The Boards Governance Charter was developed in accordance with the ACNC Governance Standards. The Charter outlines the roles, responsibilities and terms of reference of the Board and each of its Committees. It also includes Unitings Code of Conduct, which all Board members are required to sign. The Charter requires that the performance of the Board and CEO be reviewed on an annual basis.Uniting maintains a register of Directors interests and any potential conflicts of interest are recorded annually and reviewed monthly as part of normal Board meeting procedures.The Board receives regular reports and presentations from senior executives on strategic, financialand operational performance, enterprise risk management, key policy decisions, social justice,research activities and Church policy and relations.Board Sub-CommitteesThe Board has established committees to assist the Board in fulfilling its responsibilities. Each committee has its own charter, which set out the authority delegated to it by the Board and details the manner in which the committee is to operate. Each of the Board committees review and monitor relevant performance data against established key performance indicators. The Board Committees are: Audit and Risk Committee Governance Committee and Key Relationships Quality and Safety Committee Innovation and Investment Committee.Audit and Risk Committee The purpose of the Audit and Risk Committee is to assist the Board in fulfilling its statutory, fiduciary and regulatory responsibilities relating to enterprise risk management and compliance, as well as fostering ethical practice and risk informed decision making. The Committee oversees the development and maintenance of risk management systems, internal control systems, compliance with applicable lawsand the appointment of the external auditor. The Committee reviews the Annual Financial Statements.56 Uniting Vic.Tas Annual Report 2021-2022'