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G/5.4 Credit card usage |
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5.4.1 Substantiation of card expenditure The University allows the use of corporate credit cards for purchases of a restricted range and value of goods for University purposes (see Financial Management Practice and Procedures Manual Chapter 4). Individual transaction values and accumulated monthly expenditure on cards must not exceed the limits determined from time to time by the Corporate Finance Director. The use of University corporate credit cards for private purposes is strictly prohibited. 5.4.1 Substantiation of card expenditureIt is a condition of issue that all expenditure is independently verified and approved by the card holder's supervisor and that all other requirements as outlined in Chapter 4 of the Financial Management Practice and Procedures Manual are fully complied. In addition, specific conditions and restrictions regarding certain types of expenditure, such as the requirement for prior approval by heads of school / department for domestic travel and executive deans of faculty / heads of division for international travel, must be complied with. 5.4.2 Breach of conditionsIf a corporate card holder fails to comply with the above conditions, the Corporate Finance Director may withdraw the corporate card facility. Modification History
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