Sub Committee Template
| 'Organisation' | Finance Sub Group |
| Terms of Reference | |
| Purpose |
This sub group is one of a number that reports to the main Board. Its purpose is to consider and/or research matters relevant to the operation of finance within NGB. |
| Membership | Membership of the group is drawn from main Board but can be supplemented by other members with an interest/expertise in finance. Membership should include at least one individual with recent financial management experience. |
| In attendance | Staff members
Expert advisors |
| Function | The finance sub group is responsible for: |
| Reporting | e.g In writing to main Board
e.g Verbal update to Audit Committee |
| Circulation of papers: | 1 week in advance of any meeting. Draft minutes to issue within 2 weeks of meeting |
Other useful links and reading
The Nolan Principles – established by The Committee on Standards in Public Life is an advisory non-departmental public body of the United Kingdom Government. While the principles were initially designed for use by public servants, they have become a universally accepted set of principles for all public/ voluntary enterprises.