Decision details

Resolved

(1)          That the progress on activities taking place with regard to the establishment of the companies, the communication plan activity, the sequence for the company establishment and transfer of revenues and benefits provision be noted.

(2)          That authority for the final sign off of the articles and shareholder agreement/ memorandum of understanding and the business plans of the revenues and benefits teckal company and sister trading company be delegated to the Head of Law and Governance in consultation with the Chairman of the Joint Commissioning Committee, the Vice-Chairman of the Joint Commissioning Committee, the Chief Finance Officer and the Assistant Director – Transformational Governance.

(3)          That officers be requested to bring a gateway decision report to the committee in September to decide on the transfer date and to review the business and financial plans and it be noted that this report will also include an update on governance specifically in relation to shareholder arrangements.