Decision ID: 002544

In October 1996 the 1971 Fund Assembly decided to authorise the Director to empower two other officers jointly to authorise payments both as regards administrative expenses and the payment of claims up to £30,000. The Assembly also decided that instructions concerning the 1971 Fund’s investments should always be given or confirmed in writing by two duly authorised persons. Financial Regulations 9.2 and 10.5 were amended accordingly.