Article 12 - Finance, contracts and legal matters
12.1 Financial Management
The management of the Authority’s financial affairs will be conducted in accordance with the Financial Procedure Rules set out in Part 4 of this Constitution.
12.2 Contracts
Every contract made by the Authority will comply with the Contract Procedure Rules set out in the Contract Procedure Rules at Part 4 of this Constitution.
12.3 Legal Proceedings
The Monitoring Officer, or his/her authorised representative, is authorised to institute, defend or participate in any legal proceedings in any case where such action is necessary to give effect to decisions of the Authority or in any case where the Monitoring Officer considers that such action is necessary to protect the Authority’s interests.
12.4 Authentication of Documents
Where any document is necessary to any legal procedure or proceedings on behalf of the Authority, it will be signed by the Monitoring Officer or other person authorised by him/her, unless any enactment otherwise authorises or requires, or the Authority has given requisite authority to some other person.
12.5 Common Seal of the Authority
The Common Seal of the Authority will be kept in a safe place in the custody of the Monitoring Officer. A decision of the Authority, or of any part of it, will be sufficient authority for sealing any document necessary to give effect to the decision. The Common Seal will be affixed to those documents which in the opinion of the Director of Legal, Governance and Human Resources should be sealed. The affixing of the Common Seal will be attested by the Director of Legal, Governance and Human Resources or some other person authorised by him/her.