VTC Calendar 2022-23

Part 2 11 GOVERNANCE AND MANAGEMENT STRUCTURE FUNCTIONAL COMMITTEES 2.4 The Council has set up five functional committees, namely the Standing Committee, the Administration Committee, the Audit Committee, the Estates Committee, and the Finance Committee, to assist its management of VTC. 2.5 The Standing Committee acts for the Council on all matters requiring policy and executive decisions, and discharges the functions of the Council, except those reserved for the Council. It normally meets once a month, between the regular Council meetings. Its terms of reference and composition together with a list of the current membership are in Appendix 1. Its membership comprises not more than ten Council Members (including the Council Chairman, Deputy Council Chairmen, Executive Director, Chairmen of other functional committees, and other Council Members) and one VTC staff representative. Should the Council consider it necessary, the Council may invite up to three external members to join the Standing Committee as advisors. 2.6 The other four functional committees of the Council, namely the Administration Committee, the Audit Committee, the Estates Committee, and the Finance Committee, are responsible for the formulation of policy in their respective areas of responsibilities, i.e. human resources matters and public relations, internal audits, accommodation and capital projects, and financial matters. One VTC staff representative sits on each of these functional committees, except the Audit Committee. The terms of reference and membership list of each committee are in Appendices 2 to 5. The Audit Committee meets at least twice a year. The other committees meet as and when required. TRAINING BOARDS 2.7 VTC is assisted by 25 Training Boards (TBs) which are established to assess the manpower demand of the various industries they represent and to recommend initiatives to meet such demand. They also play an important advisory role on setting out directions, strategic development and quality assurance mechanisms for VTC’s programmes. With memberships comprising stakeholders in nearly all major economic sectors in Hong Kong, the TBs will continue to be an effective platform for identifying and addressing issues related to manpower development, as well as to VPET in Hong Kong. To assess the manpower demand and training needs, the TBs conduct full-scale manpower surveys for respective sectors in a four-year cycle, supplemented by manpower updates through focus groups and desk research. Findings and