Decisions for issue Corporate Debt Policy

RESOLVED: That the Committee –

1.    Noted the key changes in practice and approach from the existing policy.

2.    Approved the new policy for adoption with immediate effect.

3.    Noted that under Standard Financial Procedures implementation and agreement of arrangements for the management and recovery of debts are delegated to the Executive Director Finance & Resources.

4.    Recommended that the Constitution Working Group considers the inclusion of a specific reference to the Corporate Debt Policy within the delegations to the Executive Director Finance & Resources.