Decision details

Insurance/indemnity for Council Company Member and Officer Directors/Board Representatives

Decision Maker: Partner, Shareholder and Trustee Executive Sub-Committee

Decision status: For consultation

Is Key decision?: No

Is subject to call in?: No

Purpose:

Current position of Council Company insurance/indemnity for Members and Officers who are Directors/Board Representatives and recommendations to improve the cover in place.

Decisions:

Members received a report on indemnity and insurance for Members or officers who serve as Directors or Member representatives on local authority-controlled companies.

Details were set out in an exempt report discussed in Part 2 of the meeting.

Following this item, in the public session of the meeting, a resolution was voted on and agreed as set out below:

RESOLVED – that the Partner, Shareholder and Trustee Executive Sub-Committee approves the granting of indemnities to members or officers who serve as Directors/Member Representatives (“Directors”) of a local authority-controlled company under the Local Authorities (Indemnities for Members and Officers) Order 2004; and that the Sub-Committee notes that the Council has in place or is securing insurance for Council-appointed Directors.

 

Corporate Priorities : A great council.;

Wards Affected: (All Wards);

Contact: Joyce Hamilton, Strategic Head of Legal & Governance Email: joyce.hamilton@reigate-banstead.gov.uk Tel: 01737 276623.

Report author: Joyce Hamilton

Publication date: 27/03/2023

Date of decision: 23/03/2023

Decided at meeting: 23/03/2023 - Partner, Shareholder and Trustee Executive Sub-Committee

Accompanying Documents: