Section 111 in Punjab Panchayat Samitis and Zila Parishads Finance, Budget and Accounts Rules, 2014
111. Unspent Government Grants to be credited to the Government.
- On the authority of a requisition issued by the Audit Authority, the Treasury Office, Manager or Agent of the Bank, with which the Zila Parishad or the Panchayat Samiti conducts business, shall credit to the Government, the balance of Government grants which remain unspent for more then five complete financial years including the year in which the grant is received. The record relating to grants in aid received from Central Government or State Government for various purposes shall be maintained in Form FBA-45, FBA 45-A and FBA-45 B.
