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Section 24: Receipt of municipal dues by cheques

The Karnataka Municipalities Accounting and Budgeting Rules, 2006.State Rules of Karnataka · 1964

(1) Crossed cheques on local banks or demand drafts may be accepted in payments of municipal dues or in settlement of other transactions with the Municipality. On receipt of cross cheque or demand draft, a receipt in KMF NO.14 .shall be issued, specifically indicating there in, that the amount is “subject to realisation".

(2) The Municipality shall maintain a Register of Cheques Received in KMF NO.15 in respect of all cheques or demand drafts and bank instruments received.

Where this provision sits

ActThe Karnataka Municipalities Accounting and Budgeting Rules, 2006.
Section24
Marginal noteReceipt of municipal dues by cheques
JurisdictionState of Karnataka
StatusIn force as published by the source

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