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(i)       to note the update
provided in relation to the governance risk rating of BPJV;
(ii)      to note the level of
assurance provided by each ALEO on governance arrangements, risk
management and financial management respectively and the risk
ratings applied by the ALEO Assurance Hub, as detailed in
appendices B-H; and
(iii)      to note that the ALEO
Assurance Hub would discuss any outstanding issues specified in the
appendices with ALEO representatives, with a view to maintaining
low/very low risk ratings and improving any medium risk ratings to
low/very low.