Common use of AUTHORITY RE: CHEQUES AND CREDIT Clause in Contracts

AUTHORITY RE: CHEQUES AND CREDIT. When an employee is authorized to cash cheques, honour credit cards or credit accounts, he or she will not be held responsible for any losses provided he or she has followed management's instructions, but where an employee assumes responsibility of cashing cheques, honouring credit cards or credit accounts without such authorization from management he or she will be held responsible.

AUTHORITY RE: CHEQUES AND CREDIT. When an employee is authorized to cash cheques, honour credit cards or credit accounts, he or she will not be held responsible for any losses provided he or he/she has followed management's instructions, but where an employee assumes responsibility of cashing cheques, honouring credit cards or credit accounts without such authorization from management he or he/she will be held responsible. No disciplinary action will be taken against an employee making restitution.