96. I have proposed a set of governance arrangements
in steady state. There will be many issues to consider in the
transition from the present position to the new arrangements,
if they are approved by Parliament. A particular issue concerns
the appointment of the first Chief Executive, since Parliament
may wish to move to appoint a longer-term successor to the current
C&AG before the legislative process is complete and the NAO
Chairman has been appointed.
97. The International Standards of Supreme Audit
Institutions (ISSAI) has set out eight principles for the independence
of national auditors (the "Mexico Declaration"). I have
compared my proposals against these principles and consider that
they would be in compliance.