Agency Framework Document

This document sets out the broad framework within which AiB operates


Annex A: Financial Delegations

Within agreed overall budgetary provision, and subject to the Scottish Public Finance Manual and Scottish Procurement Policy Handbook, Accountant in Bankruptcy’s Chief Executive has delegated authority as set out below.

The Chief Executive may sub-delegate authority to staff within the Agency but will remain accountable for decisions taken and transactions carried out under such arrangements. “Unlimited” in the context of this annex means unlimited within the agreed overall spending review and annual budget provisions.

Delegated authority Chief Executive authority
Commit expenditure and authorise payments Unlimited, apart from items 2 to 7 below
Authorise capital expenditure Unlimited within the agreed budget
Accept receipts Unlimited, but receipts in excess of those authorised in a Budget must be surrendered to the Scottish Consolidated Fund as extra receipts
Incur contingent liabilities Subject to prior Ministerial approval for any contingent liabilities outside the normal course of business
Let contracts Unlimited apart from the items below and in accordance with  legal requirements and the Scottish Procurement Policy Handbook
Commission consultants Contracts of over £50,000 are subject to Ministerial approval

 

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