CORPS MEMORANDUM NUMBER 6
RA SIGS CORPS SHOP
Index
| General | Purpose | Management | Audit |
| Disbursement of Accumulated Funds |
601- The RA Sigs Corps Shop is established at the School of Signals, Simpson Barracks, Macleod, VIC, 3085.
502. Through the sale of Corps related items the Corps Shop fosters Corps identity and provides funds for the RA Sigs General Purpose Fund.
503. A Corps Shop Management Committee is to be established by the Chief Instructor, School of Signals. He is to be President of that Committee.
The Committee will be responsible for;
a. the day to day operation of the Corps Shop,
b. ensuring that all items of stock are adequately insured,
c. proposing articles for inclusion in or deletion from Corps Shop stock,
d. ensuring that items bearing the Corps insignia or colours are of high quality,
e. advertising and promoting Corps Shop articles,
f. maintaining records of all transactions, and
g. producing a report on Corps Shop activities each year.
605. An audit of the Corps Shop accounts is to be conducted on 1 September each year.
606. An audited statement of the books of account as at 31 August each year shall be sent to the Treasurer of the Corps Committee by 30 September each year.
Disbursement of Accumulated Funds
607. The level of operating funds to be applied to the Corps Shop is to be based upon previous and forecast trading transactions and recommendations made by the President of the Corps Shop Management Committee. The limit of operating funds for any one year is to be agreed by The Director of Signals - Army on behalf of the Corps Committee. Amounts exceeding this value are to be disbursed to the RA Sigs General Purpose Fund on 1 October each year.