Decision details

Notification of an Urgent Executive Decision - Short term funding facility required to SSDC Opium Power Ltd to accommodate VAT cashflow during VAT reclaim period

Decision Maker: District Executive

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

 

RESOLVED:

That the District Executive noted urgent executive decision made by the Chief Executive in consultation with the Council Leader and Portfolio Holder for Property, Climate Change and Income Generation to use short term funding facility required to SSDC Opium Power Ltd to accommodate VAT cashflow during VAT reclaim period.  This decision was taken under Part 3, Section 6 (4) of the Council’s constitution.

Reason:

To note the urgent executive decision made by the Chief Executive in consultation with the Council Leader and Portfolio Holder for Property, Climate Change and Income Generationunder Part 3, Section 6 (4) of the Council’s constitution.

 

Publication date: 11/01/2019

Date of decision: 10/01/2019

Decided at meeting: 10/01/2019 - District Executive

Accompanying Documents: