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TSC Expectations of Principals in Asset Management

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TSC Expectations of Principals in Asset Management

In managing school’s assets and properties, the Principal must adhere to certain regulations.

This is according to Performance Contract Agreement Between the Teachers Service Commission (TSC) and Head of Institution (Secondary). The Principal is expected to establish and maintain an inventory (record) of the school’s assets and properties.

This includes keeping track of their status in terms of working condition. The purpose of the inventory is to ensure that the school’s assets and properties are well managed, protected and secured.

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The Principal is also expected to dispose of unserviceable, obsolete and surplus assets. Such disposals should be done through authorized methods of disposal. These may include sale, transfer to other public institutions, destruction, or donation.

It is important to note that any disposal of school assets should be fully accountable. This means that the school must have a record of the asset and the manner in which it was disposed of, to ensure that there is no misuse of school assets.

The disposal of school assets should be done in full conformity with the existing legal requirements. This means that the school should adhere to the regulations and guidelines set by the government, which include the procedures for disposing of government assets.

The school should also ensure that the assets are disposed of at the right time, and in the right way, to avoid any wastage or losses.

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In conclusion, the management of school assets and properties is an essential function that should be well managed and protected.

The Principal is expected to establish and maintain an inventory of the school’s assets. He’s expected to dispose of any unserviceable, obsolete and surplus assets in a manner that is accountable and fully in line with legal requirements.

Failure to do so may lead to misuse of school assets, loss or wastage, and even legal issues. Therefore, it is important for the Principal to take this responsibility seriously and ensure that school assets are well managed and protected at all times.

TSC Expectations of Principals in Asset Management

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