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Clarification of in-year amendments to the CRS budget

  • 1
    Initial Assessment
  • 2
    Solution Development
  • 3
    Consultation
  • 4
    Decision
  • 5
    Awaiting Implementation
  • 6
    Implemented
Step 6 of 6
Implemented
Summary
Clause 9 of the REC currently sets out that any amendments to the approved CRS budget for each Financial Year may only be amended through a REC Change Proposal. The intention of this Clause was to ensure that any additional funding required by the CRS Provider, outside of the approved budget cycle, was subject to appropriate scrutiny, consultation and approval under REC governance. This was not intended to apply to a scenario where the CRS Provider expects to significantly underspend against the approved budget.

Latest update and next planned activity

Date of latest update
Latest Update
This Change Proposal has been implemented as part of the June 2026 REC Release.

Impacts Overview

Priority and rationale
Standard

Priority last updated on 17 Sep 2026

Solution development

Problem Statement
This Change Proposal seeks to amend clause 9 of the REC Main Body to not require a Change Proposal to be raised to facilitate an in-year reduction to the CRS budget.

No documents available.

There is currently no Change Plan.

Original submission

Change details

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27 Feb 2026

Change details

Clarification of in-year amendments to the CRS budget
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Impacts

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Priority & timing

No
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Activity

Raise alternative Change Proposal
Change Process user guide