(a) Petty cash imprest funds for a state agency shall be approved by the Chief Fiscal Officer of the State only in the case of actual need for the funds in connection with the daily operations of the agency and are subject to limitations with respect to amount and use of the funds that may be prescribed by him or her.
(b) The petty cash imprest funds shall not be used to circumvent purchasing rules, nor for the purpose of reimbursing individuals for travel expenses.