Financial Regulations Review (00:30:37)
To receive a verbal update from the Director of Finance, Assets & Resources regarding some minor changes to the Financial Regulations.
The Director of Finance, Assets & Resources explained that the Regulations were last reviewed 3 years ago and since then only minor tweaks had been needed in relation to such matters as job titles. However, a new Group Manager for Finance would be starting on 1 February 2018 and a review of the Financial Regulations would be a useful learning experience for her. It would also provide an opportunity for a fresh pair of eyes to look at this important document. Following her review, a report with tracked changes, would be brought to the March meeting of the Audit Committee.