manager/Pharmaceutical Officer. Wherever practicable, stocks should be marked as Trust property. 15.2.3 The Chief Finance and Investment Officer shall set out procedures and systems to regulate the stores including records for receipt of goods, issues, and returns to stores, and losses. 15.2.4 Stocktaking arrangements be agreed with the Chief Finance and Investment Officer and there shall be a physical check covering all items in store at least once a year. 15.2.5 Where a complete system of stores control is not justified, alternative arrangements shall require the approval of the Chief Finance and Investment Officer. 15.2.6 The designated Manager/Pharmaceutical Officer shall be responsible for a system approved by the Chief Finance and Investment Officer for a review of slow moving and obsolete items and for condemnation, disposal, and replacement of all unserviceable articles. The designated Officer shall report to the Chief Finance and Investment Officer any evidence of significant overstocking and of any negligence or malpractice (see also overlap with SFI No. 16 Disposals and Condemnations, Losses and Special Payments). Procedures for the disposal of obsolete stock shall follow the procedures set out for disposal of all surplus and obsolete goods. 15.3 Goods supplied by NHS Supply Chain 15.3.1 For goods supplied via the NHS Supply Chain central warehouses, the Chief Executive shall identify those authorised to requisition and accept goods from the store. The authorised person shall check receipt against the delivery note before forwarding this to the Chief Finance and Investment Officer or nominated representative who shall satisfy himself that the goods have been received before accepting the recharge. 16. DISPOSALS AND CONDEMNATIONS, LOSSES AND SPECIAL PAYMENTS 16.1 Disposals and Condemnations 16.1.1 Procedures The Chief Finance and Investment Officer must prepare detailed procedures for the disposal of assets including condemnations, and ensure that these are notified to managers. 16.1.2 When it is decided to dispose of a Trust asset, the Head of Department or authorised deputy will determine and advise the Chief Finance and Investment Officer of the estimated market value of the item, taking account of professional advice where appropriate. 16.1.3 All unserviceable articles shall be: (a) condemned or otherwise disposed of by an employee authorised for that purpose by the Chief Finance and Investment Officer; (b) recorded by the Condemning Officer in a form approved by the Chief Finance and Investment Officer which will indicate whether the articles are
manager/Pharmaceutical Officer. Wherever practicable, stocks should be marked as Trust property. 15.2.3 The Chief Finance and Investment Officer shall set out procedures and systems to regulate the stores including records for receipt of goods, issues, and returns to stores, and losses. 15.2.4 Stocktaking arrangements be agreed with the Chief Finance and Investment Officer and there shall be a physical check covering all items in store at least once a year. 15.2.5 Where a complete system of stores control is not justified, alternative arrangements shall require the approval of the Chief Finance and Investment Officer. 15.2.6 The designated Manager/Pharmaceutical Officer shall be responsible for a system approved by the Chief Finance and Investment Officer for a review of slow moving and obsolete items and for condemnation, disposal, and replacement of all unserviceable articles. The designated Officer shall report to the Chief Finance and Investment Officer any evidence of significant overstocking and of any negligence or malpractice (see also overlap with SFI No. 16 Disposals and Condemnations, Losses and Special Payments). Procedures for the disposal of obsolete stock shall follow the procedures set out for disposal of all surplus and obsolete goods. 15.3 Goods supplied by NHS Supply Chain 15.3.1 For goods supplied via the NHS Supply Chain central warehouses, the Chief Executive shall identify those authorised to requisition and accept goods from the store. The authorised person shall check receipt against the delivery note before forwarding this to the Chief Finance and Investment Officer or nominated representative who shall satisfy himself that the goods have been received before accepting the recharge. 16. DISPOSALS AND CONDEMNATIONS, LOSSES AND SPECIAL PAYMENTS 16.1 Disposals and Condemnations 16.1.1 Procedures The Chief Finance and Investment Officer must prepare detailed procedures for the disposal of assets including condemnations, and ensure that these are notified to managers. 16.1.2 When it is decided to dispose of a Trust asset, the Head of Department or authorised deputy will determine and advise the Chief Finance and Investment Officer of the estimated market value of the item, taking account of professional advice where appropriate. 16.1.3 All unserviceable articles shall be: (a) condemned or otherwise disposed of by an employee authorised for that purpose by the Chief Finance and Investment Officer; (b) recorded by the Condemning Officer in a form approved by the Chief Finance and Investment Officer which will indicate whether the articles are
Standing-Financial-Instructions.docx