Travel and Business Expense Policy and Procedures

 

On February 15, 2024, the Board of Governors approved revisions to the Travel and Business Expense Policy and Procedure.

Revisions to the Travel and Business Expense Policy & Procedures include:

  • Alignment to the applicable Compensation Regulation and Legislation.
  • Increase of maximum gratuity rate from 15% to 20%.
  • Mandatory pre-approval for travel exceeding $10,000.
Related Policies and Procedures:
Procurement of Goods and Services Policy