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State of Odisha - Section

Section 55 in Orissa Panchayat Samiti Accounting Procedure Rules, 2002

55. Refund.

- If any part of the deposit has been taken as a fine for non-fulfilment of contract, the balance may be taken in part satisfaction of the demand during the last three months of the year and if on the 31st March the deposit or balance shall be more than what is required to cover the demand, the balance shall be refunded in cash to the lessee. But in no case, can any sum be removed from deposit and transferred to another.