Para 3.2 — CAM
CAM
Original Rule Text
3.2 QUARTERLY ASSIGNMENT. 3.2.1 Expenditure cannot be incurred out of the CFI in anticipation of the passing of Appropriation (Vote on Account) or the Appropriation Act relating to the budget of a financial year. The Letter of Credit in favour of a cheque drawing DDO at the beginning of the financial year will therefore cover only the amount for which Vote on Account has been obtained.