Issue - meetings

The Chair has agreed to accept this item under urgent business. 

To receive and consider the report of the Director of Finance.

The Director of Finance presented a report that sought approval of the updated bank signatories and the subsequent closure of a dormant Bank of Scotland Bank Account.

The Director of Finance explained in the 2021/22 External Audit recommendations, it was requested that the Council improve its approach to reconciliation of bank accounts. A full review was undertaken, and it highlighted that as the Bank of Scotland account had been dormant for several years, it would be appropriate to close the account and transfer the funds to an active account.

Resolved: (Unanimously)

1. Committee approve the addition of signatories as follows: Louise Mattinson (Director of Finance) and Jean Waddington (Principal Financial Accountant)

2. Committee approve the subsequent closure of this dormant bank account.