{"id":2534,"date":"2019-07-05T09:02:57","date_gmt":"2019-07-05T09:02:57","guid":{"rendered":"https:\/\/bvirecovery.vg\/?page_id=2534"},"modified":"2019-12-03T12:40:28","modified_gmt":"2019-12-03T12:40:28","slug":"legislation","status":"publish","type":"page","link":"https:\/\/bvirecovery.vg\/old\/legislation\/","title":{"rendered":"Legislation and Policies"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; fullwidth=&#8221;on&#8221; _builder_version=&#8221;3.27.4&#8243; background_image=&#8221;https:\/\/bvirecovery.vg\/old\/oldwp-content\/uploads\/2019\/01\/RDA-Short-Header-Background.png&#8221; filter_brightness=&#8221;116%&#8221; filter_contrast=&#8221;130%&#8221;][et_pb_fullwidth_header title=&#8221;Legislation &#038; Policies &#8221; text_orientation=&#8221;center&#8221; admin_label=&#8221;Page Title Section&#8221; _builder_version=&#8221;4.0.6&#8243; title_level=&#8221;h2&#8243; title_text_color=&#8221;#000000&#8243; title_font_size=&#8221;72px&#8221; background_color=&#8221;rgba(15,64,110,0.4)&#8221; min_height=&#8221;457px&#8221; hover_enabled=&#8221;0&#8243; title_font_size_tablet=&#8221;54px&#8221; title_font_size_phone=&#8221;42px&#8221; title_font_size_last_edited=&#8221;on|phone&#8221; text_shadow_style=&#8221;preset2&#8243; custom_padding=&#8221;0px||0px||false|false&#8221;][\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.0.6&#8243; background_video_width=&#8221;1280&#8243; background_video_height=&#8221;720&#8243; min_height=&#8221;774px&#8221; height=&#8221;492px&#8221; max_height=&#8221;776px&#8221; custom_margin=&#8221;-130px||0px||false|false&#8221; hover_enabled=&#8221;0&#8243; custom_padding=&#8221;||0px||false|false&#8221;][et_pb_row _builder_version=&#8221;4.0.6&#8243; animation_style=&#8221;slide&#8221; animation_direction=&#8221;left&#8221; animation_duration=&#8221;1500ms&#8221; animation_intensity_slide=&#8221;20%&#8221; hover_enabled=&#8221;0&#8243; custom_padding=&#8221;0px||0px||false|false&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Heart of the RDA&#8221; _builder_version=&#8221;3.27.4&#8243; header_font_size=&#8221;48px&#8221; header_3_font_size=&#8221;48px&#8221; background_layout=&#8221;dark&#8221; header_font_size_tablet=&#8221;&#8221; header_font_size_phone=&#8221;24px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; header_3_font_size_tablet=&#8221;&#8221; header_3_font_size_phone=&#8221;24px&#8221; header_3_font_size_last_edited=&#8221;on|phone&#8221;]<\/p>\n<h3 style=\"text-align: center;\"><span style=\"color: #000000;\">Heart of the RDA<\/span><\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;3.27.4&#8243;]<\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 12.0pt;\"><\/span><span style=\"color: #000000;\"><i>This Recovery and Development Agency (RDA) Procurement Policy is to be used to provide guidance and support for the procurement of goods, works and services for the recovery of the Virgin Islands and applies to all procurement carried out by the RDA. The application of this policy may be used as an example of best practice across the region for procurement in the context of recovery and development. \u00a0<\/i><\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; use_custom_gutter=&#8221;on&#8221; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.0.6&#8243; background_color=&#8221;#ffffff&#8221; width=&#8221;67%&#8221; max_width=&#8221;1767px&#8221; module_alignment=&#8221;center&#8221; min_height=&#8221;556px&#8221; height=&#8221;666px&#8221; max_height=&#8221;471px&#8221; custom_margin=&#8221;0px|0px||0px|false|false&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;left&#8221; animation_duration=&#8221;1500ms&#8221; animation_intensity_slide=&#8221;20%&#8221; hover_enabled=&#8221;0&#8243; gutter_width=&#8221;1&#8243; max_height_last_edited=&#8221;on|phone&#8221; max_height_tablet=&#8221;781px&#8221; max_height_phone=&#8221;967px&#8221; custom_padding=&#8221;22px|0px|10px|0px|false|false&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_image src=&#8221;https:\/\/bvirecovery.vg\/old\/oldwp-content\/uploads\/2019\/03\/govi-1.jpg&#8221; alt=&#8221;British Virgin Islands Recovery to Development Plan&#8221; title_text=&#8221;British Virgin Islands Recovery to Development Plan&#8221; url=&#8221;https:\/\/bvirecovery.vg\/old\/oldwp-content\/uploads\/2019\/01\/Recovery-to-Development-Plan.pdf&#8221; url_new_window=&#8221;on&#8221; align=&#8221;center&#8221; align_tablet=&#8221;center&#8221; align_phone=&#8221;&#8221; align_last_edited=&#8221;on|desktop&#8221; admin_label=&#8221;The GOVI RDP&#8221; _builder_version=&#8221;3.23&#8243; hover_enabled=&#8221;0&#8243; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#ffffff&#8221;][\/et_pb_image][et_pb_text disabled_on=&#8221;on|on|on&#8221; admin_label=&#8221;The GOVI RDP&#8221; _builder_version=&#8221;3.27.4&#8243; text_orientation=&#8221;center&#8221; background_layout=&#8221;dark&#8221; disabled=&#8221;on&#8221;]<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/bvirecovery.vg\/old\/oldwp-content\/uploads\/2019\/01\/Recovery-to-Development-Plan.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">The GOVI RDP<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.0.6&#8243; custom_padding=&#8221;|||&#8221; hover_enabled=&#8221;0&#8243; custom_padding__hover=&#8221;|||&#8221;][et_pb_image src=&#8221;https:\/\/bvirecovery.vg\/old\/oldwp-content\/uploads\/2019\/03\/rda-act.jpg&#8221; alt=&#8221;Virgin Islands Recovery and Development Agency Act&#8221; title_text=&#8221;Virgin Islands Recovery and Development Agency Act&#8221; url=&#8221;https:\/\/bvirecovery.vg\/old\/oldwp-content\/uploads\/2019\/01\/Act-No.-1-of-2018-Virgin-Islands-Recovery-and-Development-Agency-Act-2018.pdf&#8221; url_new_window=&#8221;on&#8221; align=&#8221;center&#8221; align_tablet=&#8221;center&#8221; align_phone=&#8221;&#8221; align_last_edited=&#8221;on|desktop&#8221; admin_label=&#8221;The RDA Act&#8221; _builder_version=&#8221;3.23&#8243; hover_enabled=&#8221;0&#8243; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#ffffff&#8221;][\/et_pb_image][et_pb_text disabled_on=&#8221;on|on|on&#8221; admin_label=&#8221;The RDA Act&#8221; _builder_version=&#8221;3.27.4&#8243; text_orientation=&#8221;center&#8221; background_layout=&#8221;dark&#8221; disabled=&#8221;on&#8221;]<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/bvirecovery.vg\/old\/oldwp-content\/uploads\/2019\/01\/Act-No.-1-of-2018-Virgin-Islands-Recovery-and-Development-Agency-Act-2018.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">The RDA Act<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; disabled_on=&#8221;on|on|off&#8221; _builder_version=&#8221;4.0.6&#8243; background_color=&#8221;#d6d6d6&#8243; width=&#8221;100%&#8221; min_height=&#8221;564px&#8221; height=&#8221;1000px&#8221; max_height=&#8221;993px&#8221; custom_margin=&#8221;108px||||false|false&#8221; hover_enabled=&#8221;0&#8243;][et_pb_row _builder_version=&#8221;4.0.6&#8243; custom_margin=&#8221;||36px||false|false&#8221; custom_padding=&#8221;1px||1px||false|false&#8221; hover_enabled=&#8221;0&#8243; max_height=&#8221;1000px&#8221; height=&#8221;119px&#8221; min_height=&#8221;100px&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.27.4&#8243;][et_pb_text _builder_version=&#8221;4.0.6&#8243; hover_enabled=&#8221;0&#8243; inline_fonts=&#8221;Actor,Rubik&#8221; header_line_height=&#8221;1.1em&#8221; text_letter_spacing=&#8221;2px&#8221; text_line_height=&#8221;1.8em&#8221;]<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: xx-large; font-family: Rubik; font-weight: normal;\"><strong><span style=\"color: #000000;\">The Audit and Risk <\/span><\/strong><\/span><\/h2>\n<h2 style=\"text-align: center;\"><span style=\"font-size: xx-large; font-family: Rubik; font-weight: normal;\"><strong><span style=\"color: #000000;\">Committee.<\/span><\/strong><\/span><\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;2&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;3.27.4&#8243; width=&#8221;100%&#8221; max_width=&#8221;1015px&#8221; module_alignment=&#8221;center&#8221; min_height=&#8221;186px&#8221; height=&#8221;415px&#8221; max_height=&#8221;522px&#8221; custom_margin=&#8221;-59px||-15px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; hover_enabled=&#8221;0&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.27.4&#8243;][et_pb_text _builder_version=&#8221;4.0.6&#8243; custom_margin=&#8221;1px||0px||false|false&#8221; custom_padding=&#8221;2px||0px||false|false&#8221; hover_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">The Recovery and Development Agency Board established the Audit and Risk Committee to provide oversight of the RDA\u2019s governance, risk management and internal controls. To assist the Committee in carrying out its mandate, the Internal Audit Activity was created to provide independent assurance on the effectiveness of governance processes, risk management and internal controls. Taken together, the work of the Audit and Risk Committee and the Internal Auditor demonstrates the Agency\u2019s seriousness about achieving its mission to implement the Recovery and Development Plan (RDP). The Audit and Risk Committee Charter and the Internal Audit Charter will provide the relevant structures that will guide the Committee and the Internal Audit Department, respectively.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;3.27.4&#8243; custom_margin=&#8221;-209px||||false|false&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.27.4&#8243;][et_pb_image src=&#8221;https:\/\/bvirecovery.vg\/old\/oldwp-content\/uploads\/2019\/10\/Audit-and-Risk-Committee.jpg&#8221; url=&#8221;https:\/\/bvirecovery.vg\/old\/oldwp-content\/uploads\/2019\/10\/Audit-and-Risk-Committee-Charter.pdf&#8221; url_new_window=&#8221;on&#8221; _builder_version=&#8221;3.27.4&#8243; width=&#8221;96%&#8221; max_width=&#8221;100%&#8221; min_height=&#8221;284px&#8221; box_shadow_style=&#8221;preset3&#8243;][\/et_pb_image][et_pb_text _builder_version=&#8221;3.27.4&#8243;]<\/p>\n<p><span style=\"color: #000000;\">The Audit and Risk Committee charter sets out the authority of the Audit and Risk Committee to carry out the responsibilities established for it by the board as articulated within the audit committee charter.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.27.4&#8243;][et_pb_image src=&#8221;https:\/\/bvirecovery.vg\/old\/oldwp-content\/uploads\/2019\/10\/Internal-Audit.jpg&#8221; url=&#8221;https:\/\/bvirecovery.vg\/old\/oldwp-content\/uploads\/2019\/10\/Internal-Audit-Charter-.pdf&#8221; url_new_window=&#8221;on&#8221; _builder_version=&#8221;3.27.4&#8243; width=&#8221;96%&#8221; height=&#8221;284px&#8221; box_shadow_style=&#8221;preset3&#8243;][\/et_pb_image][et_pb_text _builder_version=&#8221;3.27.4&#8243;]<\/p>\n<p><span style=\"color: #000000;\">The Internal Audit Charter is a formal document that defines internal audit&#8217;s purpose, authority, responsibility and position within an organisation.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; disabled_on=&#8221;on|on|on&#8221; _builder_version=&#8221;3.27.4&#8243; background_color=&#8221;#b3b3b3&#8243; disabled=&#8221;on&#8221;][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; 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