Decision details

The Assembly will be asked to approve revised Financial Regulations, for inclusion in the Council’s Constitution

Assembly received and noted this report introduced by the Divisional Director of Finance (DDF).

Assembly:

a)  approved the new Financial Regulations and Rules for full adoption across the Council as set out in Appendix A

b)  approved the internal financial scheme of delegation as set out in Appendix B,

c)  authorised the Chief Financial Officer to vary the revised corporate limits set out in Appendix B where this is considered to improve the efficiency of the Council’s financial operations without unacceptably increasing risk, and 

authorised the Monitoring Officer to make the necessary amendments to the Council Constitution