Decision

UPDATED FINANCIAL REGULATIONS

Decision Maker: Finance, Audit and Risk Committee

Outcome: For Determination

Is Key Decision?: No

Is Callable In?: No

Date of Decision: January 7, 2026

Purpose:

Content: RECOMMENDATION TO COUNCIL: That Finance, Audit and Risk Committee comment on the proposed changes to the Financial Regulations and recommend to Full Council their adoption in the Constitution.   REASON FOR RECOMMENDATION: Due to the passage of time since the last major review of the Financial Regulations, it was considered appropriate to carry out a full review. The proposed changes are detailed in Appendix A alongside the reasons for them.

Supporting Documents

Updated Financial Regulations.pdf
Appendix A- Proposed new financial regulations- list of changes and tracked changes version.pdf