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140130-third-sector-scheme-en

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according to Welsh Governm<strong>en</strong>t priorities. The Welsh Governm<strong>en</strong>t also<br />

recognises its role in seeking to <strong>en</strong>sure that the Third Sector has fair<br />

and reasonable access to public funds.<br />

1.6. Across the range of its functions, the Welsh Governm<strong>en</strong>t is committed<br />

to establishing and maintaining procedures to <strong>en</strong>sure accepted best<br />

practice in the administration of its grant <strong>scheme</strong>s and those of<br />

ag<strong>en</strong>cies, which administer funds on its behalf.<br />

1.7. The Welsh Governm<strong>en</strong>t will maintain, use and promote the Code of<br />

Practice for Funding the Third Sector at Annex A, which, sets out the<br />

key principles that will underpin Welsh Governm<strong>en</strong>t funding for the<br />

Third Sector as well as what the Governm<strong>en</strong>t expects from the Third<br />

Sector in return.<br />

1.8. The Code of Practice for Funding the Third Sector and the terms and<br />

conditions issued at the time a grant is made provide the mechanism<br />

by which the Welsh Governm<strong>en</strong>t will monitor the use made of any<br />

assistance provided by it to relevant organisations.<br />

1.9. The Code of Practice for Funding the Third Sector is monitored by the<br />

Funding and Compliance Sub-Committee of the Third Sector<br />

Partnership Council.<br />

1.10. The Code of Practice for Funding the Third Sector is an integral part of<br />

the Scheme. Accordingly, any re-making or revision of the Code must<br />

be done in accordance with the statutory requirem<strong>en</strong>ts of section 74.<br />

Defining the Third Sector<br />

1.11. Section 74 of the Governm<strong>en</strong>t of Wales Act 2006 (as set out in Chapter<br />

one above) defines ‘relevant voluntary organisations’ as:<br />

“…bodies other than local authorities (or other public bodies) whose<br />

activities -<br />

are carried on otherwise than for profit, and<br />

<br />

directly or indirectly b<strong>en</strong>efit the whole or any part of Wales (whether<br />

or not they also b<strong>en</strong>efit any other area<br />

1.12. ‘The Third Sector’ is used in this Scheme and by the Welsh<br />

Governm<strong>en</strong>t as an inclusive and overarching description of a very<br />

diverse range of organisations that share a set of values and<br />

characteristics. It is widely accepted that Third Sector organisations<br />

are:<br />

indep<strong>en</strong>d<strong>en</strong>t, non-governm<strong>en</strong>tal bodies;<br />

established voluntarily by people who choose to organise<br />

themselves;<br />

‘value-driv<strong>en</strong>’ and motivated by social, cultural or <strong>en</strong>vironm<strong>en</strong>tal<br />

objectives, rather than simply to make a profit;<br />

5

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