When is a Statement of Charges applicable?

A Statement of Charges is applicable when the loss does not exceed one month's basic pay. This threshold is established to facilitate accountability and financial responsibility for losses incurred. It provides a structured approach by setting a specific limit, ensuring that minor losses can be addressed in a streamlined manner. When losses are under this limit, it allows the relevant authority to quickly assess the situation and determine an appropriate course of action without extensive investigations or complicated procedures.

In this context, one month's basic pay serves as a reasonable threshold that balances the need for accountability with the practicalities of managing financial discrepancies. Losses that exceed this amount typically require a more formal investigation and a different response, as they may indicate more significant issues within property management or accountability processes.