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Management Statement / Financial Memorandum for Caledonian Maritime Assets Limited

DescriptionMS/FM for CMAL - August 2009
ISBN
Official Print Publication DateAugust 2009
Website Publication DateSeptember 09, 2009

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ISBN 978 0 7559 7640 9
This document is also available in pdf format (284k)

Contents

INTRODUCTION

PART 1: MANAGEMENT STATEMENT FOR CALEDONIAN MARITIME ASSETS LIMITED
1. FUNCTIONS, DUTIES AND POWERS
1.1 Founding legislation; status
1.2 The functions, duties and powers of Caledonian Maritime Assets Limited
1.3 Classification
2. AIM, OBJECTIVES AND TARGETS
2.1 Overall aim
2.2 Objectives and key targets
3. RESPONSIBILITIES AND ACCOUNTABILITY
3.1 The Scottish Ministers
3.2 The Portfolio Accountable Officer
3.3 The sponsoring team in the in the sponsor Directorate
3.4 The Chairman of Caledonian Maritime Assets Limited
3.5 The Caledonian Maritime Assets Limited Board
3.6 The Chief Executive
4. PLANNING, BUDGETING AND CONTROL
4.1 The Strategic Plan (10 year)
4.2 Corporate Plan (3 year)
4.3 The Operating Plan (1 year)
4.4 Publication of plans
4.5 Reporting performance to the sponsor Directorate
4.6 Budgeting procedures
4.7 Audit Committee
5. EXTERNAL ACCOUNTABILITY
5.1 The annual report and accounts
5.2 External audit
5.3 VFM / 3E examinations
6. STAFF MANAGEMENT
7. REVIEWING THE ROLE OF CALEDONIAN MARITIME ASSETS LIMITED

PART 2: FINANCIAL MEMORANDUM FOR CALEDONIAN MARITIME ASSETS LIMITED
1. CALEDONIAN MARITIME ASSETS LIMITED FUNDING
1.1 Contracts Fees and Charges
1.2 Fees or charges for services
1.3 Authority to spend
1.4 Bad Debt and Impairment of assets
2. CALEDONIAN MARITIME ASSETS LIMITED'S INCOME
2.1 Borrowing
2.2 Maximising income from other sources
2.3 EU Funding
2.4 Proceeds from the disposal of assets
2.5 Gifts, bequests and donations
3. CALEDONIAN MARITIME ASSETS LIMITED'S EXPENDITURE: GENERAL PRINCIPLES
3.1 Delegated authority
3.2 Appraisal and Evaluation
3.3 Procurement
3.4 Competition
3.5 Value for money
3.6 Timeliness in paying bills
3.7 Novel, contentious or repercussive proposals
3.8 Risk management
4. EXPENDITURE ON BOARD MEMBERS
5. EXPENDITURE ON STAFF
5.1 Staff costs
5.2 Pay and conditions of service
5.3 Pensions, redundancy/compensation
6. NON-STAFF EXPENDITURE
6.1 Capital expenditure
6.2 Lending, guarantees, indemnities, contingent liabilities, letters of comfort
6.3 Gifts made, write-offs, losses and special payments
6.4 Leasing
6.5 Public/Private Partnerships
6.6 Subsidiary companies and joint ventures
6.7 Financial investments
6.8 Unconventional financing
6.9 Commercial insurance
7. MANAGEMENT AND DISPOSAL OF FIXED ASSETS
7.1 Register of assets
7.2 Disposal of assets
7.3 Recovery of grant-financed assets
8. BANKING

APPENDIX A: SPECIFIC LIMITS ON DELEGATED AUTHORITY