Common use of Lead Authority Clause in Contracts

Lead Authority. 6.1 The current lead authority responsible for the administration of the Pool shall be Leeds City Council. 6.2 The lead authority will normally act as such for a full year and may only be replaced at the year end. A lead authority wishing to relinquish the role at the financial year end (i.e. 31st March) must give a minimum of four months’ notice. 6.3 Each member of the Pool will be jointly and severally liable for any payments required to the Ministry of Housing, Communities and Local Government but, notwithstanding that, the lead authority will take responsibility for all matters in relation to the administration of the Pool including (but not limited to):  all liaison with MHCLG and other government departments including the completion of all forms and returns associated with the Pool;  administration of payments to and from the Pool and all calculations relating to the collection fund for the Pool;  producing an annual report showing how income has been distributed and preparing periodic monitoring reports for Pool members;  calculation of the costs of administering the Pool which are to be deducted from the rewards of the Pool. If the excess income generated by the Pool was insufficient to cover the administrative costs of the Pool in any year, then the shortfall would be shared between the Pool members in proportion to their spending baselines;  The lead authority will ensure that the pooling arrangements, annual reports and other financial information is published and is freely available on the lead authority’s website or elsewhere as appropriate.

Appears in 2 contracts

Samples: Governance Agreement, Governance Agreement

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Lead Authority. 6.1 The current initial lead authority responsible for the administration of the Pool shall be Leeds City Council. 6.2 The lead authority will normally act as such for a full year and may only be replaced at the year end. A lead authority wishing to relinquish the role at the financial year end (i.e. 31st March) must give a minimum of four months’ notice. 6.3 Each member of the Pool will be jointly and severally liable for any payments required to the Ministry of Housing, Communities and Local Government but, notwithstanding that, the lead authority will take responsibility for all matters in relation to the administration of the Pool including (but not limited to):  all liaison with MHCLG and other government departments including the completion of all forms and returns associated with the Pool;  administration of payments to and from the Pool and all calculations relating to the collection fund for the Pool;  producing an annual report showing how income has been distributed and preparing periodic monitoring reports for Pool members; calculation of the costs of administering the Pool which are to be deducted from the rewards of the Pool. If the excess income generated by the Pool was insufficient to cover the administrative costs of the Pool in any year, then the shortfall would be shared between the Pool members in proportion to their spending baselines; The lead authority will ensure that the pooling arrangements, annual reports and other financial information is published and is freely available on the lead authority’s website or elsewhere as appropriate.

Appears in 1 contract

Samples: Governance Agreement

Lead Authority. 6.1 The current lead authority responsible for the administration of the Pool shall be Leeds City Council. 6.2 The lead authority will normally act as such for a full year and may only be replaced at the year end. A lead authority wishing to relinquish the role at the financial year end (i.e. 31st March) must give a minimum of four months’ notice. 6.3 Each member of the Pool will be jointly and severally liable for any payments required to the Ministry of Housing, Communities and Local Government but, notwithstanding that, the lead authority will take responsibility for all matters in relation to the administration of the Pool including (but not limited to): all liaison with MHCLG and other government departments including the completion of all forms and returns associated with the Pool; administration of payments to and from the Pool and all calculations relating to the collection fund for the Pool; producing an annual report showing how income has been distributed and preparing periodic monitoring reports for Pool members; calculation of the costs of administering the Pool which are to be deducted from the rewards of the Pool. If the excess income generated by the Pool was insufficient to cover the administrative costs of the Pool in any year, then the shortfall would be shared between the Pool members in proportion to their spending baselines; The lead authority will ensure that the pooling arrangements, annual reports and other financial information is published and is freely available on the lead authority’s website or elsewhere as appropriate.

Appears in 1 contract

Samples: Governance Agreement

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Lead Authority. 6.1 The current initial lead authority responsible for the administration of the Pool shall be Leeds City Council. 6.2 The lead authority will normally act as such for a full year and may only be replaced at the year end. A lead authority wishing to relinquish the role at the financial year end (i.e. 31st March) must give a minimum of four months’ notice. 6.3 Each member of the Pool will be jointly and severally liable for any payments required to the Ministry of Housing, Communities and Local Government but, notwithstanding that, the lead authority will take responsibility for all matters in relation to the administration of the Pool including (but not limited to):  all liaison with MHCLG and other government departments including the completion of all forms and returns associated with the Pool; administration of payments to and from the Pool and all calculations relating to the collection fund for the Pool; producing an annual report showing how income has been distributed and preparing periodic monitoring reports for Pool members; calculation of the costs of administering the Pool which are to be deducted from the rewards of the Pool. If the excess income generated by the Pool was insufficient to cover the administrative costs of the Pool in any year, then the shortfall would be shared between the Pool members in proportion to their spending baselines; The lead authority will ensure that the pooling arrangements, annual reports and other financial information is published and is freely available on the lead authority’s website or elsewhere as appropriate.

Appears in 1 contract

Samples: Governance Agreement

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