Policy: Payments to third parties: Difference between revisions
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(Created page with "At Future Worlds Center, we have the following rule: We do NOT order anything ‘on credit". This means that whatever we buy must be paid immediately. This policy can be overwr...") |
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This policy can be overwritten only | This policy can be overwritten only | ||
* for amounts less than | * for amounts less than €1000 AND when | ||
* at least two members of the Board approve the exception | * at least two members of the Board approve the exception | ||
For amounts over | For amounts over €1000: | ||
* A Board Resolution is required | * A Board Resolution is required | ||
When making payments to third parties, please follow the relevant [[Procedure: Payments to third parties|Payments to third parties Procedure]]. | When making payments to third parties, please follow the relevant [[Procedure: Payments to third parties|Payments to third parties Procedure]]. |
Revision as of 10:31, 9 July 2011
At Future Worlds Center, we have the following rule:
We do NOT order anything ‘on credit". This means that whatever we buy must be paid immediately.
This policy can be overwritten only
- for amounts less than €1000 AND when
- at least two members of the Board approve the exception
For amounts over €1000:
- A Board Resolution is required
When making payments to third parties, please follow the relevant Payments to third parties Procedure.