SCHEDULE 1NLS
Delegation of functions
I19
1
NLS may authorise—
a
the chief executive,
b
any other employee,
c
any of its committees,
to exercise such of its functions (and to such extent) as it may determine.
2
NLS may not authorise either of the following functions to be exercised by any other person—
a
the approval of annual reports and accounts,
b
the approval of any budget or other financial plan.
3
Sub-paragraph (1) does not affect the responsibility of NLS for the exercise of its functions.