Skip to Content
Whole SectionText only Print Print Manager Link


Except in instances noted under Paragraph CA-3.1.2A, relevant annual expenditure equals the total annual expenditure (based on audited financial statements) less those items of expenditure that could be reduced or eliminated within a short period of time if required. Subject to prior CBB written approval, exceptional items of expenditure may also be excluded.

Amended: April 2011
Amended: January 2007
(3 Versions)
Back to top