Financial Affairs Sub Committee

All meetings are held at Unipol's offices, 155-157 Woodhouse Lane, Leeds, LS2 3ED

Terms of Reference

a) undertake to advise the Board on matters relating to Unipol's financial performance, procedures and planning

b) scrutinise the financial budgeting and performance of the organisation on behalf of the Board and receive and evaluate reports from the Financial Controller and the Chief Executive for that purpose

c) examine the financial strategy, reserves and investment policies and have responsibility for custodianship of Unipol’s assets and make recommendations to Unipol’s Board about any changes needed in these areas.

d) to seek assurances at an audit level of accountability (subject to Board approval of any resources needed for this process outside of the approved budgetary limits) as it deems necessary from external advisers.

e) take decisions in respect of evicting tenants on mandatory grounds from Unipol’s portfolio.

All members shall be voting members and the Chair shall have both an original and, if required, a casting vote.

All members shall be appointed for three years and nominated members of the Sub Committee (that are not already members of Unipol's Board) are subject to approval by Unipol's Board.

The Sub-Committee shall meet when necessary, but in any event not less than three times a year.

The quorum shall be 3 members.

Membership

Dr Andrew Brookes - Chair and Hon Treasurer

Steve Denton - Chair of Unipol's Board

Mr Aidan Grills

Mr Trevor Page 

The Chief Executive

Mr Martin Blakey

The Financial Controller

Miss Fiona Barry