1        All receipts and payments shall be made by cheque unless there are exceptional circumstances.

2        All cheques shall require two signatures.  The three authorised signatories shall be the Chairman, the Responsible Financial Officer and the Clerk.

3        All receipts and payments shall be authorised by the Parish Council and reported at a meeting of the Council.

4        At each ordinary meeting the Council will receive a report on the current balances on its accounts.

5        A bank statement will be obtained for the Council’s current account on a regular monthly basis.  The Responsible Financial Officer will reconcile the balance shown in the statement with the cash book record.  Balances on the General Reserve and the Recreation Ground Reserve will also be reconciled monthly.  The Chairman, the Clerk and the Responsible Financial Officer will sign the cash book record at the end of each financial year.

6        The guidance given in the Local Council’s Guide published 26 September 2002 (and any subsequent amendments) will be followed.