Rule 12 — GAR

12. Cash balances held in the treasuries of the Central Government form part of the Consolidated Fund, Contingency Fund and the Public Account of India. Such treasuries exist in those Union Territories whose accounts have not been separated from audit and continue to be compiled by the Comptroller and Auditor General of India. Transactions on behalf of State Governments arising in these treasuries shall be classified in the treasury accounts under the head ''8658 - Suspense Accounts - Suspense Accounts (Civil) - Accounts with Accountant General and settled in cash by exchange of cheques/demand drafts as the case may be. {Refer Correction Slip 1} NOTE:- At present the settlement of the transactions by exchange of cheques/demand drafts is resorted to in cases where the transactions taking place in a Union Territory accredited to an Accountant General are adjustable against the cash balances of a State, whose accounts are maintained by another Accountant General. These transactions are initially taken in the Central Section of accounts under the head '8685 Suspense Accounts - Cash Settlement Suspense Account'. Transactions of the other Governments, including Central Government in State

12. Ministry of Health and Family Planning.

12. Do Do. Loans for Village & Small Industries Small Scale Industries. Relending of Loans. Loans to Public Sector & other Undertakings. 6851-Loan. for Village & Small Industries. Small Scale Industries. Loans to Public Sector & Other Undertakings.

12.

(ii) Substitute the sub-rule

(b) and

(c) with the following:-

(b) In the case of such transactions of the Central Government, including Railways / Postal / Defence Departments at State treasuries (both banking and non-banking), these shall be accounted for by the treasuries in the State Section of Treasury Account under the head 'PAO Suspense - Transactions adjustable by PAO Ministry / Department of ...............' below the Major head '8658 - Suspense Accounts' for necessary cash settlement by the State Accountant General with the Pay and Accounts Office. 4)

(i) Rule 14 - Page 13-17 Substitute the sub-rule

(b) with the following:-

(b) At present, some miscellaneous receipt and payment transactions (viz. payment of interest, repayment of principal on discharge of Central Government Securities and pensions including pensions to freedom-fighters) take place at State treasuries. Such transactions shall be accounted for by the treasuries in the State Section of Treasury accounts under the head "PAO Suspense - Transactions adjustable by PAO Ministry/ Department of .................. ' below the major head '8658 - Suspense Accounts' for necessary cash settlement by the State Accountant General with the concerned Pay and Accounts Office.

Note 1: In respect of payments pertaining to Central Government Securities, Principal Accounts Office, Department of Economic Affairs, New Delhi will bear the debits.

Note 2: In respect of Central (Civil) Pensions including High Court Judges and Freedom Fighters, the debits will be raised against the PAO in the Central Pension Accounting Office.

(ii) Sub-Rule

(f) - Page 15

(a) Delete the words 'at State treasuries as' appearing between the words 'place' and 'at' appearing in line 1 and 2.

(b) Put a full stop (.) after the word 'account' appearing in line 9 and delete the remaining words viz. 'in respect of transaction appearing in the Central Section of his accounts.

(iii) Sub-Rule

(j) - Page 16 Add the words 'keeping accounts of Union Territories' after the words 'Accountants General' appearing in Line 4. 5) Insert the following

Note at the end of Rule 14 (Page 17):- '

Note:- The Principal Director of Audit, Central, Calcutta and the Principal Accountant General (A&E) West Bengal will continue to maintain the Central Section of Account till the switch over of pension payment from treasury counter to Public Sector Bank is completed.'' Authority : T-14012/1/93-Codes Correction Slip No.: 2 Dated: 2-8-1999 Appendix 5 - Page 97 Delete the words "including travelling allowance" appearing in para1 of Part-B to Appendix5. (This takes effect from 1-4-99) (Authority: T-14012/1/98-Codes)