At last - electronic banking for councils

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The Legislative Reform Order comes into force on 13th March 2014;  this repeals sec. 150 (5) of the Local Government Act 1972 and allows town and parish councils to use electronic forms of payment.

This is not mandatory but if your council wishes to take advantage it must formally put in place effective systems and arrangements compliant with the proper practices.

All member councils have been sent a Financial Briefing (F04E-14) which sets out where to find proper practice guidance on making electronic payments and revised model Financial Regulations.