Friday, 15 November 2013

Electronic Banking nearly there but not quite

LRO laid before parliament - Electronic Banking nearly there but not quite


Graham Fletcher, local government accountancy adviser, DCLG has confirmed that the Cheques Legislative Reform Order (The Legislative Reform (Payments by Parish Councils, Community Councils and Charter Trustees) Order 2013) has been laid in Parliament.




This doesn't mean that local councils can start legally using electronic payments yet – though this is a major step forward. There are more parliamentary hoops to go through yet.

See the LRO and DCLG press release.

We will keep you updated over the coming weeks. NALC and the Joint Practitioners Advisory Group (JPAG) have produced revised Financial Regulations and guidance on Safeguarding Public Money which will be issued when the LRO has passed through all its legislative procedures.

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