Regional Funding Clause Samples

Regional Funding. Regional funding for those regions with a viable commiftee structure:- • all regional funds will be held by CABE HQ • each region will be allocated a nominal code, one for income and one for expenditure. • it is the responsibility of each region to manage their funds as they see fit • a monthly spreadsheet will be created by HQ to advise the regions of the funds available to them and forecast for the next 3 months • if the funds of a region fall below £250 without the knowledge of income being made available within the next 3 months, CABE will advise that no further expenditure can be made until events are set up to create further income • regions cannot use their funds for the benefit of 3rd party individuals, grants or student awards without a full wriften justification and without the express permission of CABE in advance of any payment being made • if the income of a region remains below £250 without a clear plan of income generation for a period of 6 months, the region will not be considered viable • normal expenses for regional commiftee members will remain in place and paid within 3/5 working days against a claim form put into CABE HQ; and • The financial viability of a region will be determined by CABE HQ over a 12-month period. Regional funding for those regions where Ambassadors are providing support, CPD and networking opportunities:- • income and expenditure codes that were previously set up will remain in place • income and expenditure will be managed by ▇▇▇▇’▇ Regional Services Co-ordinator • funds will be made available for each event that is set up with advance notice to CABE HQ; and • normal expenses will be paid to Ambassadors within 3/5 working days against a claim form put into CABE HQ. Each Region will have a monthly expenditure report which will be held and updated by The Academic S Regional Service Co-ordinator. This will show: - • the opening balance • a breakdown, of the ▇▇▇▇▇ and loss of any events, by income and expenditure; and • a closing balance. • to provide local representation for members of the Association • to co-ordinate regional activity in order to optimise the delivery of CPD, Events S Regional Services and to exploit membership opportunities • to ensure the local membership is fully informed of all regional meetings, events and Association initiatives • to ensure regional activities achieve and maintain a significant level of recognition and support for the benefit of the members and the Association • to promote CPD ...