Decision details

Further to Minute No. 236 of the Cabinet meeting held on 3 March 2011, the Council considered a report of the Chief Executive and Section 151 Officer on the proposed procedures and strategy to be adopted in respect of the Council's Treasury Management Function in 2011/12.

At its meeting held earlier that day, the Cabinet had considered the report and endorsed the recommendations set out in the report.

It was moved by Councillor Robertson, seconded by Councillor Brodie-Browne and

RESOLVED:

That approval be given to:

(1)       the Treasury Management Policy Document for 2011/12;

(2)       the Treasury Management Strategy Document for 2011/12;

(3)       the amendment to Banking arrangements contained within the Financial Procedures Rules of the Constitution;

(4)       the Money Laundering Policy Document; and

(5)       the option set out in Section 5 of the report being used as the basis for the calculation of the Minimum Revenue Provision or Debt Repayment in 2011/12.