1.         that Torbay Council Holding Company Limited be established and registered with Companies House;

2.         that the following posts be appointed as Directors to the Torbay Council Holding Company:

a.         Director of Pride in Place;

b.         Divisional Director of Place Strategy;

c.         Director of Adults & Community Services;

d.         Director of Corporate Services; and

e.         Head of Corporate Finance;

3.         that the following subsidiary companies or component parts be transferred to the Torbay Council Holding Company:

·                    Torbay Economic Development Company Limited;

·                    TorVista Homes Limited;

·                    C & A Consultants (Torquay) Limited;

·                    KAH Holdings Limited;

·                    SWISCo Limited; and

·                    Torbay Education Limited;

4.         that the following Shareholder Panels be dissolved and replaced by the Torbay Council Holding Company Limited Shareholder Panel, to be appointed by the Cabinet, which will provide oversight of all of the Council’s wholly owned companies and subsidiary companies:

·                    SWISCo Shareholder Panel;

·                    TorVista Shareholder Panel; and

·                    TDA Shareholder Panel.