Guidance on the NALC Model Financial Regulations 2019

GUIDANCE ON THE MODEL FINANCIAL REGULATIONS TEMPLATES FOR ENGLAND AND WALES

This guidance document provides information on how to use the Model Financial Regulations templates for England and Wales, produced by the National Association of Local Councils (NALC) in 2019.

Dates and timeframes

Stated dates or months may be changed to suit local circumstances.

Where the word “regularly” is used in the text it is for the individual council to set the required interval, monthly, quarterly, or half-yearly. This period should never

exceed 12 months.

Amending the regulations for your council 

Where the guidance has information in [square brackets] this part may be deleted if not relevant. An alternative option may have been provided.

The value inserted in [square brackets] in any of the paragraphs (other than the EU Procurement and Public Contract Regulations 2015 thresholds referred to in 11.1a (England), 11.1b (England) and 11.1k (Wales) may be varied by the council and should be reviewed regularly and confirmed annually by the council.

The appropriate approved list referred to in paragraph 11.1b (Wales) shall be a list drawn up by the clerk and approved by council but, normally shall be based on the list maintained by the district council for such works, if such list is maintained.

In the absence of an appropriate list, the words in square brackets should be omitted

You will find information that requires amending for your local council in paragraphs.

England:

• 1.8 and 1.14

• 2.2

• 3.1 and 3.2

• 4.1, 4.4, 4.5 and 4.8

• 5.1, 5.2, 5.4, 5.5 and 5.6

• 6.3, 6.4, 6.6, 6.15, 6.17, 6.18, 6.19,

6.20, 6.21 and 6.22

• 7.3

• 9.10

• 11.1

• 12, 12.1, 12.2 and 12.3

2

• 13, 13.1, 13.2, 13.3 and 13.4

• 14.2

• 15.1, 15.2 and 15.5

• 16 and 16.1

• 17.1 and 17.2

• 18.2

Wales:

• 1.8 and 1.14

• 2.2

• 3.1 and 3.2

• 4.1, 4.4, 4.5 and 4.8

• 5.1, 5.2, 5.5 and 5.6

• 6.3, 6.4, 6.6, 6.15, 6.17, 6.18, 6.19,

6.20, 6.21 and 6.22

• 7.3

• 9.10

• 11.1

• 12, 12.1, 12.2 and 12.3

• 13, 13.1, 13.2, 13.3 and 13.4

• 14.2

• 15.1, 15.2 and 15.5

• 16 and 16.1

• 17.1 and 17.2

Guidance on the Model Financial Regulations templates for England and Wales were produced by the National Association of Local Councils (NALC) in July 2019 for the purpose of its member councils and county associations. Every effort has been made to ensure that the contents of this document are correct at time of publication. The National Association of Local Councils (NALC) cannot accept responsibility for errors, omissions and changes to information subsequent to publication.

© NALC 2019