Travel and Business Expense Policy and Procedures

Revision History:

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