Form 51 — GPF_MANUAL

(CAG’ s letter No.998/AC/131-59 dt. 3.7.59) 8.16 In the case of permanent transfer of a subscriber from one Government to another, in the accounts of the receiving Government the interest received i.e., Credit should be kept under the minor head “Interest-Suspense” which can be cleared at the close of the year by per contra credit to the Fund account of the subscriber concerned. But in the event of such an account being closed before the end of the year, the head “Interest Suspense” should be cleared by per contra credit to the Fund account of the subscriber before making actual payment. In order to watch the clearance of balances under minor head “Interest Suspense” a broad-sheet should be maintained by the Funds Accounting Section(State) in Form –51 of Para 12.31 of C&A.G.’s M.S.O.(A&E)Vol-I.