Examples of Scheme of Management in a sentence
The Trust administers a Scheme of Management under the 1967 Leasehold Reform Act.
Each item of income and expenditure is allocated to either the Scheme of Management or the general fund, or where appropriate shared between both.
The withdrawal of the subsidy from the Scheme of Management in that year arrested the deterioration of the Trust’s finances.
The Trust’s auditors are satisfied that these apportionments are an appropriate basis on which to allocate expenditure to the activities of the Trust and the Scheme of Management.
The taking of a species of fish referred to in schedule 1 of the Scheme of Management (Lakes and Coorong Fishery) Regulations 1991 by any person in the waters of the Lakes and Coorong Fishery for the purpose of trade or business by the use of— (a) a hauling net and a purse seine net at any one time; or(b) more than one hauling net, purse seine net or swinger net or, in coastal marine waters more than one mesh net, at any one time.
Given the separate accounting records, the Trustees do not consider that the Scheme of Management would be any more effectively operated with a separate bank account, and the auditors concur with this decision.
A summary of the resources expended by the Trust, allocated between the general fund and the Scheme of Management and related to an individual Management Charge, is set out on the final page.
The accounting systems used by the Trust ensure that all items of income and expenditure attributable to the Scheme of Management are separately accounted for.
The fundamental financial objective of the Trust is to restore the level of its investible assets to a level that will enable it to produce an increasing real income – quite independent, of course, of the Scheme of Management.
KC clarified that the Shadow Board is non decision-making whilst the Scheme of Management Committee is extant, and that items are for information only.