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TR Form No. 70B for drawal of Fund under Public Account Head

Resource Divisions will use TR form no. 70B for drawal of fund from Treasury/ PAO out of the Deposit account balance instead of T.R. Form No. 26 after discontinuation of LOC System.

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Government of West Bengal
Finance Department
Nabanna

No. 4507-F(Y) Dated, 9th June, 2015.

MEMORANDUM

It has been stipulated in F.D. Memo No. 3391-F(Y) dated 28th April 2015 that withdrawal of fund from deposit account under Head “8443-00-108-003-23-payments” will be done from Treasury/ PAO by submission of bill in T.R. Form No. 26. Use of T.R. Form No. 26 for the purpose of drawal from a public account head has been re-examined, since it is meant for drawal of fund under budget head related to contingencies.

On the other hand, T.R. Form No. 70B has been introduced for the purpose of drawal of fund related to works expenditure under public account head, consequent upon discontinuance of LOC system with effect from 1st April 2015. Since “8443-00-108-003-23 payments” is a public account head, T.R. Form No. 70B is the suitable form of bill for drawal of fund from Treasury/ PAO instead of T.R. Form No. 26. Accordingly, Resource Divisions will use TR form no. 70B for drawal of fund from treasury/ PAO out of the Deposit account balance.

This order is issued in partial modification of F.D. Memo No. 3391-F(Y) dated 28th April 2015, Para-1, Clause-iv. All other provisions of FD Memo No. 3391-F(Y) dated 28th April 2015 will remain unchanged.

Sd/- H.K.Dwivedi
Principal Secretary to the
Government of West Bengal

No. 4507-F dated 09.06.2015, Source