Section 42 in Punjab Panchayat Samitis and Zila Parishads Finance, Budget and Accounts Rules, 2014
42. Surplus fund with Panchayat Samitis.
- the actual cash balance in the Section 141 Panchayat Samiti Fund excluding investments, the unspent balances of loans and grants of all kinds (except the unspent balances of ad hoc grants), the amount of the minimum balance required to be maintained in the Fund under the Act and the amount of any other commitment, decree or compensation, the payments of which are required to be made immediately, shall be considered as the surplus amount available in the Fund.
