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Tower Hamlets Council Constitution

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Chapter 66: Corporate Scheme of Financial Regulations

The amount of actual expenditure at the end of a year or contract which is less than the approved budget or actual income which is above the approved budget. This represents amounts that will not be incurred or received and should be distinguished from Slippage (see above).
The approved transfer of budget from one head of account to another.

Chapter 67: Children's Services Directorate Scheme of Delegations

Section 66 – suspend a delegated budget
Section 51 and Schedule 15 - Duty to comply with provisions concerning delegated school’s budgets and powers to suspend financial delegation to any school where there is a failure to comply with requirements of financial management

Chapter 69: Health and Adults Directorate Scheme of Delegation

Section 26 – prepare a personal budget in respect of the costs of meeting a person’s eligible care needs
Commissioning Managers within agreed budgets and Financial Regulations

Chapter 71: Resources Directorate Scheme of Delegation

Make a periodic budget monitoring report to the Cabinet for the purposes of s.28 Local Government Act 2003.