As part of the delivery acceleration measures, a proposal to modify cash management arrangements has been approved and is effective as of 1 September. The following thresholds and main changes have now been agreed: Project Cash on Hand – Account 16107:
a. limit increased from $2.5K to $5K b. RR only, can approve limit up to $25K c. RR only, can appoint SC as custodian up to 2.5K
Treasurer may suspend cash arrangements if 3 consecutive red dashboard or related audit observation related.
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