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AO DOMESTIC ACCOUNT

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Definitions

AOUK will establish two bank accounts under the headings of AO reserve account and AO domestic account. The domestic account will be for withdrawals of a ship type nature, i.e., financial planning, FSM commissions, weekly allocation for OTL AO, capital expenditure, etc. The signatories for this account will be LRH singly and any two of the following persons: Commanding Officer, Chief Officer, Supercargo, Third Mate, Purser and Director Disbursements. (FO 1120)