S.L. 601.1 Art. 103Stocktaking by departments and reporting of deficiencies.

(1) Heads of Department shall ensure by occasional stocktaking, and during the first month of the financial year in any case, that the balances of stores on charge are actually in stock, and shall furnish to their Permanent Secretary a report on each physical check of stores carried out, stating the date on which the stocktaking was held, the stores examined and the results obtained. Such report shall be copied to the Auditor General.

(2) Discrepancies between book balances and actual stock resulting from such stocktaking shall immediately be reported by the Head of Department to his Permanent Secretary.