Finance Regulations and Standing Orders
The Financial Regulations and Standing Orders set out the controls over the Association’s income and expenditure, the authorities delegated by the Board, and the procedures for dealing with items not specified through the budget.
The Regulations apply to Board Members, the Chief Executive, Officers and Staff of the Association and consultants and others employed by the Association from time to time and include
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Preparation and proposal of annual budgets and longer-term plans
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Preparation and presentation of accounts
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Day-to-day running of the Association’s finances.
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Meeting all regulatory and statutory requirements
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Authority to run the Board delegated to the Staff with financial limits