Sub Committee Template
|'Organisation'||Finance Sub Group|
|Terms of Reference|| |
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|
|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.