Elements and Performance Criteria
- Identify potential intermediaries
- Determine acceptability
- Check information provided with application to determine reliability, completeness and relevance
- Assess proposed trading arrangements for compliance with industry code of practice and relevant legislation
- Check credentials through appropriate agencies to ensure acceptability within organisational assessment criteria and make recommendations based on valid assessment of information against acceptability criteria
- Determine terms and conditions of trade
- Determine terms and conditions of trade to reflect legal and commercial responsibility of organisation and intermediary
- Ensure terms of trade incorporate method of operation, duties and responsibilities of both parties, and are defined in compliance with industry code of practice and relevant legislation
- Convey decision and terms of trade
- Negotiate variations where appropriate and document and confirm arrangements
- Negotiate variations within authorities and provide evidence of acceptance by both parties in writing to confirm understanding
- Prepare agreements in writing using predetermined formats to evidence contractual relationship
- Prepare statement of intent where appropriate to reflect commercial understandings
- File agreement documentation and promptly create and/or update system records