25.2.5
Within limits delegated to it by the Department of Health, the Audit Committee shall approve the writing-off of losses.
25.2.6
The Director of Finance shall be authorised to take any necessary steps and shall specify to the Managing Director of SBS where appropriate, to safeguard the PCT's interests in bankruptcies and company liquidations.
25.2.7
For any loss, the Director of Finance, should consider whether any insurance claim can be made.
25.2.8
The Director of Finance shall maintain a Losses and Special Payments Register in which write-off action is recorded.
25.2.9
No special payments exceeding delegated limits shall be made without the prior approval of the Department of Health.
25.2.10 All losses and special payments must be reported to the Cluster Audit Committee at every meeting.
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