Regulation 29 Finance

The Assembly shall pay to the CHC Board and the Councils such sums as the Assembly considers necessary to enable the CHC Board and the Councils to carry out its and their functions respectively under these Regulations and such sums shall be paid at such times and subject to such conditions as the Assembly may from time to time determine.

The CHC Board shall submit to the Assembly in such form and by such date as the Assembly may require, such estimates as the Assembly may require of the expenditure which the CHC Board expects to incur during such financial years as the Assembly may specify.

Each Council shall submit to the CHC Board in such form and by such dates as the CHC Board may specify, such estimates as the CHC Board may require of the expenditure each Council expects to incur during such financial years as the CHC Board may specify.

The CHC Board shall confirm the amounts of the estimates submitted under paragraph (3) with or without modification, or subject to such conditions as the CHC Board thinks fit, and may at any time vary such confirmation or conditions and will recommend such sums to the Assembly for payment under paragraph (1).

The CHC Board and Councils shall not incur expenditure in excess of the amounts approved by the Assembly under this regulation.