PART 5Financial matters
Requirement to maintain general fund15
1
After regulation 17 of the Mid Wales Corporate Joint Committee Regulations 2021 (funding of budget requirement) insert—
General Fund17A
1
The Mid Wales CJC must establish and maintain a fund to be known as the Mid Wales CJC’s general fund.
2
Any sums received by the Mid Wales CJC (including sums received under regulation 17(1) or (2)) must be paid into its general fund.
3
All payments made by the Mid Wales CJC must be made out of its general fund.
4
The Mid Wales CJC must keep an account of receipts paid into, and payments made out of, its general fund.
5
Paragraphs (2) and (3) do not apply to any sums to be paid into, or out of, an external fund within the meaning given by section 17 of the Local Government Act 2003 (external funds).
2
After regulation 17 of the North Wales Corporate Joint Committee Regulations 2021 (funding of budget requirement) insert—
General Fund17A
1
The North Wales CJC must establish and maintain a fund to be known as the North Wales CJC’s general fund.
2
Any sums received by the North Wales CJC (including sums received under regulation 17(1) or (2)) must be paid into its general fund.
3
All payments made by the North Wales CJC must be made out of its general fund.
4
The North Wales CJC must keep an account of receipts paid into, and payments made out of, its general fund.
5
Paragraphs (2) and (3) do not apply to any sums to be paid into, or out of, an external fund within the meaning given by section 17 of the Local Government Act 2003 (external funds).
3
After regulation 17 of the South East Wales Corporate Joint Committee Regulations 2021 (funding of budget requirement) insert—
General Fund17A
1
The South East Wales CJC must establish and maintain a fund to be known as the South East Wales CJC’s general fund.
2
Any sums received by the South East Wales CJC (including sums received under regulation 17(1) or (2)) must be paid into its general fund.
3
All payments made by the South East Wales CJC must be made out of its general fund.
4
The South East Wales CJC must keep an account of receipts paid into, and payments made out of, its general fund.
5
Paragraphs (2) and (3) do not apply to any sums to be paid into, or out of, an external fund within the meaning given by section 17 of the Local Government Act 2003 (external funds).
4
After regulation 17 of the South West Wales Corporate Joint Committee Regulations 2021 (funding of budget requirement) insert—
General Fund17A
1
The South West Wales CJC must establish and maintain a fund to be known as the South West Wales CJC’s general fund.
2
Any sums received by the South West Wales CJC (including sums received under regulation 17(1) or (2)) must be paid into its general fund.
3
All payments made by the South West Wales CJC must be made out of its general fund.
4
The South West Wales CJC must keep an account of receipts paid into, and payments made out of, its general fund.
5
Paragraphs (2) and (3) do not apply to any sums to be paid into, or out of, an external fund within the meaning given by section 17 of the Local Government Act 2003 (external funds).