Issue - meetings

Evolutionary changes to the Council’s Financial Regulations are summarised in this report and shown in red text throughout the document at Appendix A. 

Several minor editing changes have been made to take account of the EU transition period ending. Any mention of specific EU legislation has been replaced by UK legislation. In practice this is just a legislative terminology change; there are currently no changes to requirements.

Part G Procurement and contract procedures is shown in red text throughout. Whilst much of the wording of each specific regulation has remained the same or similar, the numbering and ordering has been significantly changed to more intuitively follow a procurement cycle. This ordering change has been based on feedback from officers.

The Head of Audit and Management Assurance presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'D' to these Minutes in the Minute Book.

Evolutionary changes to the Council’s Financial Regulations were summarised in the report and shown in red text throughout the document accompanying the report at Appendix A. 

It was reported that several minor editing changes have been made to take account of the ending of the EU transition period and that any mention of specific EU legislation has been replaced by reference to UK legislation. In practice this was a legislative terminology change and there were currently no changes to requirements.

Changes in Part G relating to Procurement and contract procedures were shown in red text throughout and, whilst much of the wording of each specific regulation had remained the same or similar, the numbering and ordering had been significantly changed to more intuitively follow a procurement cycle. It was explained that these ordering changes had been in response to feedback from Officers involved in the process.

RECOMMENDED TO COUNCIL

That the Financial Regulations as shown in Appendix A to the report of the Audit and Governance Committee be approved and referred to Council for adoption.

Voting: Unanimous