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1.    
To approve the Full Business Case for the Clean Energy Fund, Fund
Management Plan including Investment Strategies and the Delegated Decision
Matrix for the project.

2.    
Approve the Delegated Decision Matrix for the project.

3.    
To delegate to the Portfolio Director, in consultation with the Chair,
the Vice-Chair, the Section 151 Officer and the Monitoring Officer to confirm
the completion of the matters not identified in section 7 and to agree the
formal launch of the Fund.

4.     That the Economic Well-being Sub-Committee appoints the Portfolio
Director to be the accountable officer for the delivery of the project.

5.     To approve that capital repaid during the operation of the fund be
earmarked for the Sub-Reserve to be reinvested in accordance with the
Investment strategies. Approve that surplus revenue generated by the project
once operating costs have been paid is allocated to fund the operation of the
Portfolio Management Office.

6.     To request a further update in 6 months' time in order
to review relevant partnerships.