Schedules
Schedule 5Mandatory licence conditions
Financial plans
2
A financial plans condition is a condition requiring a club to—
(a)
submit a financial plan containing specified information to the IFR before a specified date,
(b)
update the financial plan—
(i)
annually or at such more frequent intervals as may be specified, and
(ii)
as soon as reasonably practicable after there has been a material change in circumstances affecting the club, and
submit that updated plan to the IFR, and
(c)
act in accordance with the latest financial plan submitted to the IFR.