9830. Separation of Duties

  1. To the extent possible, the duties listed in section 9920(B) are to be separated.
  2. If the duties cannot be separated due to a lack of staffing, a "Separation of Duties" waiver which includes compensating controls to show safeguard of the account must be on file in the regional office.
  3. The waiver must be signed by the Fund Trustee, the trustee's supervisor, the second line supervisor, and the Regional Administrator.
  4. Please note: Any cash or negotiable items received are to be deposited within 24 hours.