Section 27 in The Bihar Primary and Middle Education Rules, 1961
27. Receipt of payments by schools.
(1)The Headmaster or teacher-in-charge shall, on receipt of the Money Order, enter the amount in the register prescribed by the Department and distribute the salaries and allowances to the staff, on the day the Money Order is received or on the next working day at the latest. The amounts on account of the prices of equipment, teaching and craft materials, contingencies, etc., shall be deposited by the Headmaster or teacher in-charge into the Post-Office Savings Bank Account, the very day it is received or on the next working day at the latest. The account shall ordinarily be operated by the Headmaster of the school and local donations, if any, shall also be deposited in this account. The District Superintendent in consultation with the Chairman of the District Board may also permit the Secretary of the School Committee to operate the account jointly with the Headmaster in special cases where such arrangement is considered to be more desirable. Where it is not possible to open any Savings Bank account for want of a Post Office with Savings Bank facilities within a reasonable distance of any school, the District Superintendent may, in consultation with the Chairman of the District Board, approve of any other suitable arrangement for the proper custody of such sums.(2)The local committee or panchayat should be associated with the disbursement of sums relating to items other than salaries and allowances of staff, in accordance with such general or special instructions as may be issued by the District Superintendent in consultation with the Chairman of the District Board.
