Para 15.13 — MSO (A&E)
Original Rule Text
15.13 The fixed imprest will be borne on the accounts Governments in respect of State payments met from the fixed imprest will be made periodically as laid down in Article 35 of the Account Code, Volume IV.
What This Means
The fixed imprest used for pension cash payments is recorded in the government accounts. For State pension payments made from this imprest, periodic adjustments are carried out as prescribed in Article 35 of the Account Code, Volume IV. This ensures that the State Government is properly debited for pension payments made on its behalf from the Central imprest.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Fixed imprest is reflected in the official government accounts
- 2State payments from the imprest are adjusted periodically per Account Code Vol. IV, Article 35
- 3Ensures proper accounting between Central and State payment streams
Practical Example
The AG's office uses its fixed imprest to pay both Central and State pensioners in cash. At the end of each prescribed period, the accountant tallies all State pension payments made from the imprest and processes an adjustment entry to debit the State Government's account, following the procedure in Article 35 of Account Code Vol. IV.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Why are State payments adjusted separately from Central payments?▼
Where can the detailed adjustment procedure be found?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.