(1) Despite
section 5.16, the only powers and duties that a local government may delegate*
to its audit committee are any of its powers and duties under this Part other
than this power of delegation.
* Absolute majority required.
(2) A delegation to an
audit committee is not subject to section 5.17.
[Section 7.1B inserted: No. 49 of 2004 s. 5.]