Joint Operations. Joint operations are arrangements where contractual agreements are in place under which the council and one or more other parties share control. The joint venturers have rights to assets and obligations in relation to liabilities. The council accounts only for its share of the assets, liabilities, revenue and expenses of the arrangement.
Appears in 6 contracts
Samples: Accounting Policies Agreement, Accounting Policies Agreement, Accounting Policies Agreement
Joint Operations. Joint operations are arrangements where contractual agreements are in place under which the council Council and one or more other parties share control. The joint venturers have rights to assets and obligations in relation to liabilities. The council Council accounts only for its share of the assets, liabilities, revenue and expenses of the arrangement.
Appears in 4 contracts
Samples: Accounting Policies Agreement, Agreement of Accounting Policies, Accounting Policies Agreement
