Common use of DUTIES OF THE ACCOUNTABLE BODY Clause in Contracts

DUTIES OF THE ACCOUNTABLE BODY. 5.1 For the duration of this Agreement, the Accountable Body shall: 5.1.1 act diligently and in good faith in all its dealings with the other Parties and it shall use its reasonable endeavours to discharge the Parties' obligations in relation to the Growth Deal pursuant to and in accordance with this Agreement and all applicable legislation including but not limited to:- (a) the Well-being of Future Generations (Wales) Act 2015; (b) Welsh Language (Wales) Measure 2011; (c) any compliance notice issued under the Welsh Language (Wales) Measure 2011in respect of the Accountable Body; and (d) the Local Authorities (Executive Arrangements) (Decisions, Documents and Meetings) (Wales) Regulations 2001 (as amended) 5.1.2 act as the primary interface (on behalf of itself and the other Parties) with the Welsh Government, the UK Government and the European Regional Development Fund and any other body necessary to discharge the Parties' obligations in relation to the Growth Deal; 5.1.3 act as the Accountable Body to hold any funds received directly from the Welsh Government, the UK Government (if any), the European Regional Development Fund (if any), the Parties and/or any other sources (if any) in relation to the Growth Deal and only to use and release such funds as agreed in accordance with the terms of such funding and this Agreement; 5.1.4 without assuming responsibility for the delivery of any specific Growth Deal project and within the limitation of the funding provided to it (as part of the Joint Committee Costs), provide the support services required to facilitate the work of the Joint Committee (and its sub committees and groups established pursuant to Clauses 9.22 and 9.24 and the Regional Office referred to in the Assurance Framework), including, but not limited to, financial, human resources, legal, ICT, estates, information management, internal audit and procurement services. For the avoidance of doubt, the provisions of this Clause 5.1.4 shall not serve to xxxxxx the ability of the Accountable Body to enter into arrangements with any of the other Parties to provide the aforementioned services on its behalf. 5.1.5 without assuming responsibility for the delivery of any specific Growth Deal project, provide for the Accountable Body’s chief finance officer ("S151 Officer") and monitoring officer (or their nominated deputies) to act, respectively, as the section 151 Officer and monitoring officer to the Joint Committee; and 5.1.6 without limitation to its roles under the preceding provision of this Clause 5.1, have responsibility for, but not limited to administering the financial affairs of the Joint Committee (and its sub committees and groups established pursuant to Clauses 9.22 and 9.24), including accounting for VAT, keeping financial records, ensuring that the annual accounts of the Joint Committee are prepared in accordance with the Code of Practice on Local Authority Accounting and making arrangements for the external audit of the Joint Committee. 5.1.7 Employ the Project Management Group as set out in clause 11.