That:
1) the progress of the work to effect the merger be noted;
2) the business case enabling the implementation work to continue be approved;
3) a further update be provided at its March meeting on the progress of implementation;
4) the virement of £40k from the Royal Borough of Windsor and Maidenhead shareholder payment be approved and an increased debt of £55k for the Holding Company, to fund the costs of implementation, be agreed.