Common use of Financial Procedures Clause in Contracts

Financial Procedures. 9.1 Successful Service Provider must keep and maintain proper financial and accounting systems and practices including: • proper arrangements for paying taxes and National Insurance a bank account in the name of Successful Service Provider • two people must sign all cheques with at least one signatory being a Trustee or Board member. 9.2 Successful Service Provider will be required to keep full written records and accounts detailing how the funding allocated by THE COMMISSIONER is used and shall permit THE COMMISSIONER access at all reasonable times to all accounting records and supporting information in respect of these records and accounts.

Financial Procedures. 9.1 Successful Service Provider must keep and maintain proper financial and accounting systems and practices including: •  proper arrangements for paying taxes and National Insurance  a bank account in the name of Successful Service Provider •  two people must sign all cheques with at least one signatory being a Trustee or Board member. 9.2 Successful Service Provider will be required to keep full written records and accounts detailing how the funding allocated by THE COMMISSIONER COMMISSIONERS is used and shall permit THE COMMISSIONER COMMISSIONERS access at all reasonable times to all accounting records and supporting information in respect of these records and accounts.