The Council’s Financial Standing Orders require the write-off of any debt in excess of £20,000 to be approved by the Cabinet. Given the urgency, the Leader is requested to exercise this function directly.
In order to effect an orderly closure of EKH, the councils need to formally release EKH from its obligations to repay the loans made to it.
Decision Maker: Leader of the Council
Decision published: 11/09/2020
Effective from: 11/09/2020
The write-off of loans made to EKH totalling £278,000.
Lead officer: Chris Blundell