Other Advances and Loans to civil servants

 

(1)        The General Orders issued under the Public Service Act set the criteria for approval of other types of advances and loans.

 

(2)               All unrecouped advances and loans shall be accounted for as accounts receivable.

 

(3)               Securities held for advances or loans, including bills of sale or other similar document, shall be stored securely by the agency until the advance or loans is repaid and the securities are released.

 

(Financial Instructions 2005 s(52))