Pooled Fund Manager Sample Clauses
The Pooled Fund Manager clause defines the role and responsibilities of the entity or individual appointed to manage a pooled investment fund on behalf of multiple investors. This clause typically outlines the manager’s authority to make investment decisions, handle fund assets, and perform administrative duties such as reporting and compliance. For example, it may specify how the manager selects investments, allocates returns, and communicates with investors. Its core practical function is to establish clear governance and accountability for the management of pooled assets, ensuring that all parties understand who is responsible for fund operations and decision-making.
Pooled Fund Manager. The Pooled Fund Manager may delegate the day-to-day management of pooled fund in accordance with Council’s Standing Financial Instructions.
Pooled Fund Manager. At the date of this Agreement the Pooled Fund Manager responsibilities will be undertaken by Senior Planning & Policy Manager.
Pooled Fund Manager. 44.6.1 It has been jointly agreed that a Commissioning and Pooled Fund Manager who is an employee of the Council will be appointed by the Council from the Commencement Date, to oversee Pooled Funds 1 and 2 and the delivery of Individual Schemes funded from those Pooled Funds pursuant to this Agreement. The cost of employing the Pooled Fund Manager will be funded from any interest accrued on the Financial Contributions made by the CCG to the Pooled Funds. The scope and extent of the authority of the Pooled Fund Manager will be determined by the Joint Commissioning Board and shall otherwise be as is set out in this Agreement.
Pooled Fund Manager. 4.1 The Authority shall appoint a Pooled Fund Manager, who shall be responsible for:
4.1.1 managing the Pooled Fund on behalf of the Partners;
4.1.2 managing expenditure from the Pooled Fund within the budgets set by the Partners and in accordance with the Annual Development Plan;
4.1.3 submitting quarterly financial management reports and an annual return to the Partners, to enable them to monitor the success of the Partnership Arrangements;
4.1.4 preparing at the year-end a memorandum of accounts within the Authority’s statement of accounts which shows:
4.1.5 On or before 30th June of each Financial Year, providing to the Lead Partner it’s memorandum of accounts for the previous Financial Year.
4.2 The Authority will retain records in relation to the Pooled Fund for at least six years.
4.3 The Pooled Fund Manager will authorise all payments from the Pooled Fund.
4.4 For the avoidance of doubt other than the Authority acting in accordance with this Agreement, no person shall be entitled to enter into any contract with any third party in respect of expenditure from the Pooled Fund save with the agreement of the Partnership Board.
4.5 In accordance with Regulation 4(2) of the NHS Regulations 2000, the Partners have carried out a joint consultation on the proposed Partnership Arrangements with Service Users, and other individuals and groups who appear to them to be affected by the Partnership Arrangements.
4.6 Nothing in this Agreement shall prejudice or affect:
4.6.1 the rights and powers, duties and obligations of the Partners in the exercise of their functions as public bodies or in any other capacity;
4.6.2 the powers of the Authority to set, administer and collect charges for any Authority Health-Related Function; or
4.6.3 the Authority's power to determine and apply eligibility criteria for the purposes of assessment under the Care ▇▇▇ ▇▇▇▇.
4.7 The Partners agree that each has consulted as required under the NHS Regulations 2000and otherwise confirm and acknowledge that each of them has the legal power and authority to enter into this Agreement.
Pooled Fund Manager. The Pooled Fund Manager is responsible for the management of the Pooled Fund with in the Frailty Lead Commissioner organisation, monitoring and review of expenditure and making recommendations to the Commissioners for the movement of budgets to even out service pressures and fluctuations. The Pool Fund Manager will also assist in the planning and implementation of the service and development and improvements of the Frailty Project to ensure that agreed financial protocols and procedures are adhered to. The Pooled Fund Manager will also oversee the analyses of the management information produced by the Service Providers and other activity and demographical information including financial forecasts to facilitate effective budget management across identified budget holders and make recommendations on future demand and investment.
Pooled Fund Manager. The Pooled Fund Manager is responsible for the management of the Pooled Fund including the preparation, monitoring and review of consolidated budget monitoring reports and the management of Invest to Save monies. The Pooled Fund Manager will also provide financial advice to the GFJC in relation to the ongoing financial position of each partner and the service in general. The Pooled Fund Manager will also provide financial management information to the OCG and support monthly locality finance reviews. The Pooled Fund Manager will also co-ordinate the process of ensuring that the financial impact of any changes being considered are communicated to the GFJC. Localities are required to notify the Pooled Fund Manager of any proposed changes in accordance with the Scheme of Delegation for initial consideration by the OCG, which will then make appropriate recommendations to the GFJC. The Pooled Fund Manager will ensure that the appropriate level of accountancy support is provided to the Partnership by the Lead Commissioner in order to discharge all the duties of the Pooled Fund Manager.
Pooled Fund Manager. 3a The Pooled Fund Manager will have the responsibilities set out in Clause 7 and Schedule 5 of the Agreement and will report: i) on day to day matters to the Head of Adult Social Care in the Social Services and Well-being Directorate of the Local Authority ii) on matters set out in Schedule 6 to the Partnership Management Group. 4