Issue details

Only the CFO has the authority to write off bad debts and in order to do this the following arrangements are in place:-

- the write off of Bad or Doubtful debts below £250k can be authorised by the CFO who nay delegate responsibilities as necessary for smaller items.
- the CFO will consult with the Elected Mayor before authorising the writing off of bad debts of £250,000 or over.

A number of write offs have been combined.

In accordance with FPR D9 the debts detail a non domestic rates account with a balance between £50k and £250k where the company concerned has been dissolved with no prospect of a dividend.

If a dividend does become payable than the appropriate amount of write off time will be reversed.