Updated Investment Policy

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Consultation has concluded

At the Ordinary Council Meeting held on 24 February 2021, Council resolved to place the updated Investment Policy on public exhibition commencing Thursday 25 February 2021 and ending on Wednesday 24 March 2021.

The updated Investment Policy has been expanded to include reference to the Prudent Person Standard, Ethics, Conflicts of Interest, Investment Security and Prohibited Investments. Investment Time Horizons and Diversification/Credit Risk limits have been updated.

The update of the Investment Policy relates to Council’s financial management and financial sustainability outlined in the Community Strategic Plan, Delivery Program and Operational Plan.

This is an existing policy and the recommended update provides additional good governance for Council.

Submissions are invited and must be addressed to the General Manager, Armidale Regional Council, PO Box 75A, Armidale NSW 2350 or sent by e-mail to council@armidale.nsw.gov.au

Submissions must be received by Council no later than 10pm on Wednesday 24 March 2021.

At the Ordinary Council Meeting held on 24 February 2021, Council resolved to place the updated Investment Policy on public exhibition commencing Thursday 25 February 2021 and ending on Wednesday 24 March 2021.

The updated Investment Policy has been expanded to include reference to the Prudent Person Standard, Ethics, Conflicts of Interest, Investment Security and Prohibited Investments. Investment Time Horizons and Diversification/Credit Risk limits have been updated.

The update of the Investment Policy relates to Council’s financial management and financial sustainability outlined in the Community Strategic Plan, Delivery Program and Operational Plan.

This is an existing policy and the recommended update provides additional good governance for Council.

Submissions are invited and must be addressed to the General Manager, Armidale Regional Council, PO Box 75A, Armidale NSW 2350 or sent by e-mail to council@armidale.nsw.gov.au

Submissions must be received by Council no later than 10pm on Wednesday 24 March 2021.