Draft

Draft Official translation GOVERNMENT OF the Republic of Lithuania RESOLUTION Official Gazette, 2001, No. 22-735 // Enters into force on 15 March 2001 No. 273, 9 March 2001 Vilnius On composition of a standing inter-departamental commission for co-ordinating the development of internal audit system in the public sector, on approval of the commission’s regulations, and on declaring void Resolution No. 179 of the Government of the Republic of Lithuania of 13 February 1998 on Approval of the Implementation Programme (Measures) for the Public Sector Internal Control System The Government of the Republic of Lithuania hereby resolves:

1. To form a Standing Inter-departmental Commission for Co-ordinating the Development of the Internal Audit System in the Public Sector (hereinafter referred to as “Commission”). The composition of the Commission shall be as follows: 1.
2. Vice Minister of Finance (Chairperson of the Commission); 1.
3. Deputy Director of Lithuanian Institute for Audit, Accounting and Asset Valuation (Deputy Chairperson of the Commission); 1.
4. Head of the Internal Audit Unit, Ministry of the Interior (Secretary of the Commission); 1.
5. Director of the State Treasury Department, Ministry of Finance; 1.
6. Director of the Budget Department, Ministry of Finance; 1.
7. Deputy Director General of the European Committee under the Government of the Republic of Lithuania; 1.
8. Director of the Lithuanian Institute of Public Administration.
9. To approve the Regulations of the Standing Inter-departmental Commission for Co-ordinating the Development of the Internal Audit System in the Public Sector (attached herewith).
10. To commission the Ministry of Finance to draft an annual report on the status of the internal audit system in the public sector and to submit it to the Government of the Republic of Lithuania on the annual basis before February 1 of a current year.
11. To declare Resolution No. 179 of the Government of the Republic of Lithuania of 13 February 1998 On Approval of the Implementation Programme (Measures) for the Public Sector Internal Control System void. (Official Gazette, 1998, No. 17 - 421). Prime Minister Minister of the Interior Rolandas Paksas Vytautas Markevičius APPROVED BY Resolution No. 273 of 9 March 2001 of the Government of the Re public of Lithuania Regulations of the standing inter-departmental commission for co-ordinating the development of the internal audit system in the public sector i. General provisions
12. The Standing Inter-departmental Commission for Co-ordinating the Development of the Internal Audit System in the Public Sector (hereinafter referred to as “Commission”) shall monitor and co-ordinate the development of the internal audit system in the public sector (i.e. in public enterprises and institutions).
13. The Commission shall act in accordance with the Constitution of the Republic of Lithuania, laws and other legal acts passed by the Seimas of the Republic of Lithuania, decrees or the President, Government resolutions, Prime Minister’s ordinances, other legal acts and the present regulations.
14. The Commission’s decisions concerning the development of the internal audit system shall be of an advisory character for public enterprises and institutions.
15. The Commission shall submit its Performance Report to the Government of the Republic of Lithuania pursuant to the rules of procedure of the Government not later than December 15 of a current year. II. Commission’s task and functions
16. The Commission’s task shall be to monitor and co-ordinate the development of the internal audit system in public enterprises and institutions.
17. In implementing this task, the Commission shall: 6.
18. approve a long-term plan for the development of internal audit in the public sector as well as programs related to the implementation of internal audit; 6.
19. assess, submit comments and opinions in relation to internal audit plans of public enterprises and institutions as well as to reports on the execution thereof; 6.
20. assess, submit comments, opinions and recommendations to public enterprises and institutions on establishing internal audit units (auditors), methodologies applied and internal audit procedures. 6.
21. assess, submit comments and opinions regarding annual reports produced by the Ministry of Finance on the status of internal audit in public enterprises and institutions. iii. rights of the Commission
22. When implementing its functions, the Commission shall have the right to: 7.
23. receive from public enterprises and institutions internal audit plans, reports and other information on the development and functioning of the internal audit system; 7.
24. receive reports from ministries and other institutions responsible for the implementation of measures set forth in the Programme for the Development of the Internal Control and Internal Audit System in the Public Sector, as approved by Resolution No. 1247 of the Government of the Republic of Lithuania of 18 October 2000 On Approval of the Programme for Development of Internal Control and Internal Audit System in the Public Sector (Official Gazette, 2000, No. 89-2764); 7.
25. invite government employees and other persons to participate in the Commission’s activities; 7.
26. express its opinion regarding dismissal of the head of an internal audit unit or an internal auditor to the heads of relevant public establishments and institutions. iv. Commission's composition and working arrangements
27. The Commission shall be made up of 7 members. The Commission’s activities shall be directed by the Chairperson or, in case of the latter’s absence, the Deputy Chairperson.
28. The Commission’s work shall be arranged in the form of meetings convened once per month. If necessary, extraordinary meetings may be held. The Chairperson of the Commission, who shall also chair the Commission’s meetings, shall determine the place, time and agenda of a meeting. In the event of the Chairperson’s absence, the said functions shall be performed by the Deputy Chairperson. Minutes shall be taken of the Commission’s meetings.
29. The Commission shall have the right to pass a decision when at least four Commission members are present when making such a decision.
30. Technical assistance to the Commission shall be provided by the Ministry of Finance.
31. The Commission’s decisions shall be adopted by majority vote. In the event of a tie vote, the vote of the Commission’s Chairperson shall be decisive.