Common use of Virement Rules and Processes Clause in Contracts

Virement Rules and Processes. A virement is not permitted from non-recurrent to recurrent expenditure • A Virement is not permitted where the CCG or Council would be committed to additional recurrent funding in excess of commitments agreed within the CCG or Council’s operating plan • Virements within the Pooled Funds must be approved by the CFO/Finance Director for the relevant Partner seeking to make the budget change • Virements to / from BCF parts of the Pooled Fund must be agreed by the Partners and in accordance with BCF guidance and rules.

Virement Rules and Processes. A virement is not permitted from non-recurrent to recurrent expenditure • A Virement is not permitted where the CCG or Council would be committed to additional recurrent funding in excess of commitments agreed within the CCG or Council’s operating plan • Virements within the Pooled Funds must be approved by the CFO/Finance Director for the relevant Partner seeking to make the budget change •  Virements to / from BCF parts of the Pooled Fund must be agreed by the Partners and in accordance with BCF guidance and rules.