Cash on Hand

 

(1)        All money shall be kept in a safe or other secure place.

 

(2)               Safes and strongboxes shall be obtained from the Chief Accountant and shall not be transferred from one agency to another without prior approval of the Chief Accountant .

 

(3)               No safe keys shall be duplicated without the prior approval of the Chief Accountant .  

 

(4)               Cash collections shall be taken to the bank with a level of security appropriate for the amount and composition of the banking.  Banking must be done by two officers, unless otherwise specified in the Finance Manual.

 

(5)               The Chief Executive Officer shall appoint a Board of Survey to conduct a physical stocktake of all cash on hand and other stocks held in safes at least once a year.  

 

(6)               Any discrepancies are to be accounted for and brought to the attention of the Chief Executive Officer through the Board of Survey Report. 

 

(Financial Instructions 2005 s(38))