The PPF has announced the publication of a joint framework document with the DWP, effective from April 2009. The framework document sets out the broad structure within which the Board of the PPF will operate. Split into two parts, the management statement and the financial memorandum, the document lists the Board’s functions, duties and powers, the relationship between the Board and the DWP, the conditions under which any public funds are paid to the Board and how the Board is to be held to account for its performance.

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