Part 4 - Financial regulations
Below are the financial regulations.
E.1 The Chief Financial Officer must ensure that accounting arrangements adopted relating to partnerships and joint ventures are satisfactory and that the overall corporate governance arrangements are satisfactory when contracts are arranged with external bodies. They must also consider the overall corporate governance arrangements and legal issues when arranging contracts with external bodies. The Chief Financial Officer must ensure that the risks have been fully appraised before agreements are entered into with external bodies.
E.2 The Monitoring Officer must also consider the overall corporate governance arrangements and legal issues when arranging contracts with external bodies.
E.3 Directors are responsible for ensuring that appropriate risk assessments are undertaken and approvals are obtained before any negotiations are concluded relating to work with external bodies and that all agreements and arrangements are properly documented, including details of the County Council’s financial and physical commitment to the arrangements which are to be in accordance with the Council’s procedures.
E.4 The Chief Financial Officer is responsible for ensuring that all funding notified by external bodies is received and properly recorded in the Authority’s accounts.