Unless revoked sooner, how long is the designation period for the OIC/ICO of Local Treasury Offices?

The designation period for the Officer-in-Charge (OIC) or In-Charge Officer (ICO) of Local Treasury Offices is six months unless it is revoked sooner. This timeframe is established to ensure that there is a structured approach to leadership within local treasury offices, providing continuity and allowing the designated officials to effectively manage their responsibilities. The six-month period allows sufficient time for the individual to become acclimated to the position and handle the day-to-day operations of the office. Additionally, having a defined period helps maintain accountability in leadership roles and ensures that any changes or adjustments in management can occur as needed, promoting effective governance within local treasury functions.