1)
Each year,
losses which are considered not recoverable and which do not exceed the limits
set below for the type of loss may be written-off by Chief Executive Officers -
Type
of Loss Amount
a) Unserviceable Assets $6,000
b) Abandonment of Claims $1,000
c) Loss of Assets or Livestock $1,000
d) Loss of Money $500
2) Write-off of losses in excess of these limits shall be referred to the Minister of Finance.
(Financial Instructions 2005 s(68))