Purpose

The Corporate Debt Management Policy has been
updated to simplify the document – the authorisation levels
for write-offs are now in the Scheme of Delegations, and duplicated
text was removed.
The revised policy:
- Ensures our core principles – to prevent debt, and to
support those in debt are fully embedded with an agreed standard
across all debt types
- Empowers service areas to take such additional steps as
appropriate for their income types and their debtors ??
- Is easier to understand
- Explains when and why we need to take recovery and enforcement
action
The decision to approve the updated policy was taken in
consultation with the Chair and Vice Chair of the Strategy and
Resources Committee.

Content

Approval of the updated the Corporate Debt
Management Policy to take effect from 1 April 2025.

Alternative options considered

The existing policy was more difficult to
understand and required updating to remove duplicate text and to
ensure an agreed standard across all debt types.