FINANCIAL REGULATIONS IN ACCORDANCE WITH

"THE ACCOUNTS AND AUDIT REGULATIONS 1996"

1. GENERAL

 

2. annual estimates

 

3. BUDGETARY CONTROL

 

4. ACCOUNTING AND AUDIT

 

5. banking arrangements and cheques

 

6. payment of accounts

 

7. LOANS AND INVESTMENTS

 

8. income

 

9. orders for work, goods and services

 

10 contracts

 

11. payments under contracts for building or other construction works

 

12. properties and estates

 

13. insurance and risk management

 

14. revision of financial regulations

It shall be the duty of the Finance Committee to review the financial regulations of the Council from time to time and to make such recommendations to the Council as the Committee considers are required.