10.2 Managers should consider the introduction of the credit card facility where efficiencies in the purchasing and payment processes result.

10.3. To be eligible for a card, the position the Card-holder occupies must have a financial delegation to incur expenditure.

10.4 A prospective Card-holder must be a permanent officer of the ACT Government Service.

10.5 Personal Identification Numbers (PIN) will not be issued to Card-holders as it would automatically provide access to an encashment facility.

10.6 The Assistant Manager (Finance) (the AMEX Administration Officer) will coordinate the issue and surrender of corporate credit cards.

Application Process

10.7 The Manager should discuss and agree with the prospective Card-holder the scope, usage and conditions applying to the Card-holder and establish transaction and credit limits that are to apply.

10.8 Transaction limits for each purchase should be set at a level consistent with anticipated usage. Transaction Limit is the total amount that can be expended in a single purchase.

10.9 Credit limit is the total amount that may be expended within a period - usually one month. It is often useful to establish the credit limit at an amount twice the estimated monthly usage to allow a lapse of time for settlement of the previous month's transactions. Credit limits reflect aggregate usage and should be adequate to cover purchases over a two month period to allow time for monthly payment of statements. These parameters reflect the amount expected to be expended during any given period of time and in no way relate to the delegation of a particular Card-holder. They may be varied at a later date subject to operational needs and appropriate approval.

10.10 Once the Manager is satisfied the proposed purpose and anticipated. volumes support the issue of a new card, they should endorse a written application and forward it to the AMEX Administration Officer in the Finance Section for processing.