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Central Treasury Rules

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Central Treasury Rules CENTRAL TREASURY RULES VOLUME I MAIN RULES PART I – GENERAL PRINCIPLES AND RULES Short Title 1. These rules may be called the “Treasury Rules of the Central Government”. Application 11-A. These shall apply to - - (a) Union Territories of Chandigarh, Lakshadweep and Dadra and Nagar Haveli; (b) Payments of pensionary benefits to the Government pensioners in the Central Government and Union Territories; and (c) An office authorized to hold and operate and a Departmental Treasure Chest. 1-B. 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, dispense with or relax the provisions of any of these rules in any case or class of cases. Definitions 2. In these rules, unless the context otherwise requires; the following expressions have the meaning hereby assigned to them, that is to say:- (a) “Accountant General” means the Head of an Office of Accounts and Audit subordinate to the Comptroller and Auditor-General of India. When used in relation to a treasury, this expression refers to the authority to whom the accounts of the treasury are rendered. 1 | P a g e (b) “Accounts Officer” means the Head of an Office of Accounts set up under the scheme of departmentalization of Government Accounts. Chief Accounts Officer in relation to accounts of Railways means the Head of a Railway Accounts Office. (c) “Administrator” means the Administrator of a Union Territory specified in the First Schedule to the Constitution. (d) “Audit Officer” means any officer subordinate to or under the superintendence of, the Comptroller and Auditor –General, who exercises audit functions. (e) “The Bank” means any office or branch of the Banking Department of the Reserve Bank of India, any branch of the State Bank of India acting as the agent of Reserve Band of India in accordance with the provisions of the Reserve Bank of India Act, 1934 ( 2 of 1934) and any branch of a Subsidiary Bank as defined in Section 2 of the State Bank of India (subsidiary Banks) Act, 1959 (38 of 1959), which is authorized to transact Government business as agent of the state Bank of India or any other agency appointed by the Reserve Bank of India. (f) “Collection” means the Head of a District and includes any other officer for the time being authorized to discharge the duties of the collector for the purpose of these rules. (g) “Competent Authority” means the Government or any other authority to whom the relevant powers may be delegated by the Government. (h) “Comptroller and Auditor-General” means the Comptroller and Auditor-general of India. (i) “Constitution” means the Constitution of India. (j) “District” includes any area whether described as a district or by any other name which is served by a treasury placed in direct 2 | P a g e relation with an Accountant-General and the term “District Treasury’ shall be construed accordingly. (k) “ The Government” means the Central Government. (l) “Government Account” means the account relating to the Consolidated Fund, the Contingency fund or the Public Account. “Consolidated Fund” means the Consolidated Fund of India as referred to in Clause (1) of Article 266 of the Constitution. “Public Account” means the Contingency Fund of India established under the Contingency Fund of India Act, 1950 (49 of 1950), in pursuance of Article 267 (1) of the Constitution. (m) “State” means any State specified in the First Schedule to the Constitution. (n) “Treasury” includes a sub-treasury. “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. “Central” Treasury” means and includes any treasury or sub-treasury not being a treasury or sub-treasury under the control of a State Government. Note 1- Treasuries in Union Territories are Central Treasuries. Note 2- References to “Treasury” in these rules may be deemed to include a Pay and Accounts Office set up under the scheme of departmentalization of accounts, unless the context requires otherwise. (o) “Union Territory” means any Union Territory specified in the first Schedule to the Constitution and includes any other territory comprised within the territory of India but not specified in that Schedule. 3 | P a g e Location of moneys credited to Government Account. 3. Unless otherwise prescribed, money credited to Government Accounts shall be held either in a Central Treasury or in the Bank. The deposit of such moneys in the Bank shall be governed by the terms of the agreement made with the Bank under Section 21 of the Reserve Bank of India Act, 1934 (2 of 1934). Note :- The agreement with the Bank is printed as Appendix-I to these rules in Volume –II of this compilation. [Not reproduced] General System of Control over Central Treasury District Treasuries 4. (1) There shall be a Central Treasury at such places as the Government may direct after consultation with the Comptroller and Auditor General. If moneys standing in the Government Account are, in any district so specified not deposited in the Bank, the treasury of that district shall be divided into two departments: a department of accounts under the charge of an Accountant and a department of cash , stamps and opium under the charge of a Treasury. Subject as hereinafter provided in this rule, the general procedure of and conduct of business in a district treasury shall be regulated by the provisions contained in Part-II. (2) The treasury shall be under the general charge of the Collector who may entrust the immediate executive control to a Treasury Officer subordinate to him but may not divest himself of administrative control. The Collector shall be responsible for the proper observance of the procedure prescribed by or under these rules and for the punctual submission of all returns required from 4 | P a g e the treasury by the Government, the Comptroller and Auditor-General , the Accountant –General and the Bank. (3) The duty of verifying and certifying monthly cash balance, if any, in a Central Treasury and of submitting the monthly accounts of such balance, in such form and after such verification as the Comptroller and Auditor-General may require, shall be undertaken by the Collector or by such other officer as may be authorized by or under these rules to act in this behalf. It must be performed by the Collector in person at least once in every period of six months. The procedure to be observed for the verification of cash balance, if any in a Central Treasury shall be regulated by the provisions contained in this behalf in Part-IV. (4) When a new Collector is appointed to a district, he shall at once report his appointment to the Accountant –General and shall certify to the Accountant-General the amount of the cash balance and stamp and opium stores, if any, which he has taken over. The certificate shall be submitted after the method of verification specified in Part-IV has been applied. (5) No portion of the responsibility for the proper management and working of treasuring shall devolve upon the officers of the Indian Audit and Audit and accounts Department. Sub-Treasuries 5. In the event of establishment of one or more sub-treasuries under a district treasury, the arrangement for the administration thereof and for the proper conduct of business therein shall be such as may be prescribed by the Administrator after consultation with the Accountant-General. Where a Central sub-treasury renders accounts to a district treasury under the control of a State Government, the arrangements for the administration thereof and for the proper conduct of business therein shall be such as may be settled by the 5 | P a g e Government after consultation with the Accountant –General and the State Government concerned. The daily accounts of receipts and payments of moneys at a sub-treasury must be included in the accounts of the district treasury. Other Collecting and Disbursing Offices 6. (1) Officers in charge of Military Treasure Chests and such offices of the Posts and Telegraphs Department or of any other department of the Government as are authorized to maintain separate departmental cash balances outside the balances of the Government in the treasury or in the Bank may, Subject to the provisions of these rules, perform all or any prescribed part of the duties of a Treasury Officer in respect of claims against the Government that may be presented to them for disbursement and in respect of moneys that may be tendered to them for credit to the Government Account. (2) An Accountant-General may, subject to such conditions and limitations. If any, as the Government may think fit to impose, perform all or any prescribed part of the duties of a Treasury Officer in respect of claims against the Government that may fail due for disbursement and moneys that may be tendered for credit to the Government Account at the office or within the jurisdiction of the said Accountant-General; provided that the performance by the Accountant-General of such duties shall be subject to the consent of, and such conditions as may be prescribed by, the Comptroller and Auditor- General. Payment of revenues of the Government Into the Government Account 7. (1) Subject to sub-rule (2) below, all the moneys received by or tendered to Government officers on account of the revenues of the Central Government 6 | P a g e shall, without undue delay be paid in full into a treasury and shall be included in the accounts of the Central Government.
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