THE TREASURY CODE - Kar

1 THE TREASURY code VOLUME I - TREASURY PROCEDURE AND ACCOUNTS Chapter I Introductory 1. Scope of the rules 2. Definitions Chapter II Constitution and administration of treasuries 1. Cash balance of the government 2. Constitution 3. Responsibility for management 4. Business hours and holidays 5. Notices 6. Correspondence 7. Security from staff 8. Audit Objections 9. TREASURY irregularities 10. TREASURY Inspection 11. Annual report on the working of treasuries 12. Destruction of records Chapter III Custody of TREASURY 1. Introduction 2. Security of strong rooms 3. Custody of padlocks and duplicate keys of strong rooms 4.

2 Storing of treasuries 5. Custody, of money, etc., under double lock 6. Receipts and issue of money into and from double locks 7. Verification of cash balance 8. Examination of calendar returns 9. Cash balance report Chapter IV Classification of transactions 1. Board of classification 2. Transactions with other government 3. Transactions on behalf of railways 4. Transaction on behalf of the posts and telegraphs 5. Transaction on behalf of the defence services 6. Transaction relating to Pakistan 7. Transaction on behalf of other foreign governments 8. Accounts with the reserve bank 9. Remittances 10.

3 Reserve bank of India remittance Chapter V Payment of money into the treasuries and withdrawals therefrom Section A Introductory Section B Non-Banking sub-treasuries Section C Bank Treasuries Chapter VI Accounts to be kept at treasuries Section A Introductory Section B Non-banking sub-treasuries Section C Bank treasuries Chapter VII Accounts return to be rendered by treasuries Section A General Section B Section C Calendar returns Chapter VIII Pension payments Section A Introductory Section B Place of payment Section C Authority for payment Section D Manner of payment Section E Periodical identification of pensioners Section F Undrawn pension and arrears Chapter IX Deposits I.

4 Introductory II. Revenue deposits III. Personal deposits IV. Civil and criminal court deposits V. Deposits of local funds VI. Deposits at sub-treasuries VII. Plus and minus memoranda Chapter X Bills of remittance i. Introductory ii. Issue of remittance transfer receipts iii. Account of remittance transfer receipts issued iv. Regularities of signature v. File of advice lists vi. Examination of bills presented vii. Form of receipt viii. Currency of bills ix. Accounts of bills paid x. Issue of duplicates xi. Cancellation xii. Exchange xiii.

5 Lapse of bills xiv. Supply and custody of forms Chapter XI Miscellaneous Chapter XII Special rules applicable to particular departments or classes Section A Introductory Section B Forest, public works and ports department Section C Government commercial undertakings Section D Karnataka Electricity board and Karnataka state road transport corporation rules Chapter XIII. Provision of funds at treasuries and sub-treasuries CHAPTER I INTRODUCTORY 1. In exercise of the powers conferred by Article 283 (2) of the Constitution of India, the Governor of Karnataka is pleased to make the following rules namely These rules may be called the Karnataka TREASURY code .

6 They shall come into force on the first day of July 1963. 1-A. If the Government considers it necessary or expedient so to do for avoiding any hardship or removing any difficulty that may arise as a result of the application of these rules , it may subject to such restrictions and conditions, if any, as it may think fit to impose or dispense with or relax the provisions of any of these rules in any case or class of cases. I SCOPE OF THE rules 2. The directions contained in this volume deal primarily with the procedure to be followed and the initial accounts to be kept at the State Treasuries, and with the accounts returns to be rendered by the Treasuries to the Accountant General.

7 They are supplementary to the general directions contained in the Karnataka Financial code , and include, in their appropriate places, the mandatory provisions of the Accounts code , Volume II TREASURY Accounts, issued by the Comptroller and Auditor General. Important extracts from the Compilation of the TREASURY rules of the Central Government, required for reference by treasuries, are given in Appendix I. The procedure laid down in the Compilation of TREASURY rules is to be followed wherever specific instructions regarding the same have not been included in this code .

8 Detailed instructions or deviations from any of the procedure detailed in the extracts of the , will be issued in the form of directions by the State Government. These directions would be posted against the relevant Central TREASURY rules in Volume II. In so far as Central Transactions are concerned, the provisions contained in Karnataka TREASURY code -Volume II are applicable. The forms of initial accounts are based on the standard or model forms prescribed by the Comptroller and Auditor General, with such modifications as are found necessary to suit local requirements in consultation with the Accountant General.

9 As regards accounts, the Accountant General has power to introduce such changes as he may deem necessary. II DEFINITIONS 3. In these rules , unless the context requires otherwise, the following expressions have the meaning hereby assigned to them, that is to say :- (1) Accountant General means the Accountant General Karnataka to whom the accounts of the State Treasuries are rendered. (2) The Bank means the Reserve Bank of India, or any office or agency of the Reserve Bank of India, and includes any branch of the State Bank of India, or the State Bank of Mysore, or the State Bank of Hyderabad acting as the agent of the Reserve Bank of India in accordance with the provisions of the Reserve Bank of India Act, 1934 (Act II of 1934).

10 (3) Bank TREASURY means a TREASURY , the cash business of which is conducted by the Bank and a Non-Bank TREASURY means a TREASURY other than a Bank TREASURY . (4) Chief Accounts Officer in relation to the accounts of Railways means the head of a Railway Accounts Office. (5) Competent Authority means the Government or any other authority to whom the relevant powers may have been delegated by Government. (6) Deputy Commissioner means the chief officer in charge of the revenue administration of a district and includes, for the purpose of these rules , any other officer for the time being authorised to discharge the duties of the Deputy Commissioner.