The council's Financial Regulations are
incorporated within Part 4 of its
Constitution. Following the appointment from 1't April 2017 of the
Chief Officer (Financial Services) as the new Chief Finance Officer
(the Section 151 Officer appointed under the Local Government Act
1972), it is necessary to amend Financial Regulations to take
account of this change. under the 1972 Act, the Section 151 Officer
has the responsibility to make arrangements for the proper
administration of the council's financial affairs, and Financial
Regulations form one element of these arrangements.
ln addition to updating the Financial Regulations to reflect the
new governance structure, the chief Finance officer has also
clarified and strengthened a number of regulations in order to
improve the financial control environment.
The Chief Finance Officer has determined that these new Financial
Regulations will come into force from 3rd April2017.