4. 6 — CAM
CAM
Original Rule Text
4.6: PROCEDURE FOR LEVYING PENAL INTEREST ON ACCREDITED BANKS IN RELATION TO GOVERNMENT AGENCY BUSINESS: 4.6.1 Payment of interest on excess put through/double claim by the accredited bank: PAOs need to initiate action with FPB for recovery of penal interest on excess put through/double claim by the accredited bank and send the requisite reports to Principal Accounts Office for consolidation and onward transmission to O/o CGA in accordance with the procedure laid down in para 13.6 (21) of CAM.