The BBC Trust and the S4C Authority have developed a draft Operating Agreement for the new funding and accountability arrangements that will be put in place for funding the S4C Authority's services from April 2013.
In a statement, the Trust said that the Operating Agreement will govern the accountability and funding relationship between the BBC Trust and the S4C Authority. According to the statement the Operating Agreement is based on the principles agreed between the BBC Trust and the S4C Authority in October 2011 and will also ensure the editorial and managerial independence of the S4C service.
"We are inviting stakeholders to submit their views on the draft Operating Agreement so that the BBC Trust and the S4C Authority can take these views into account when considering if they should approve the Operating Agreement in its final form in readiness for the new accountability and funding arrangements that will become operational in April 2013." the statement concluded.
This consultation is being run over a 10 week period from 10 August 2012 until 23 October 2012.
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