Credit Policy

Objective:

Each act of supply of goods and/or services to an external individual, organisation or other party will give rise to a debt.

The objective of this Policy is to set out Council’s principles in relation to the provision of credit facilities for external parties. The primary objectives of this Policy aim to ensure that:

The provision of credit will be based upon equitable and consistent treatment of all prospective commercial debtors; and
That parties who incur sundry debts do so in full expectation of meeting the repayment terms prescribed; and
That all accounts receivable are managed in such a way as to not jeopardise the funding or effective cash flow of Council’s operations.

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