New NALC Model Financial Regulations 2019
Model Financial Regulations 2019 for England and Wales and supporting guidance is now available.
Changes from 2016 version are very minor, namely;
- Restriction added to Regulation 11.1.a.ii: Clarifying disapplication of contract regulations to legal professionals limited to those acting in disputes only – not general legal work.
- Update to limits under Public Contract Regulations – footnote to Regulation 11.1.b
- Minor change to heading Regulation 12