Administration of the Employees' State Insurance Fund requires controlled deposits, authorised payments, and structured budget approval. Administration of the Employees' State Insurance Fund requires authorised receipt and deposit of all moneys in approved banks, with monthly statements, controlled operation of fund accounts by authorised officers, and payment only by authorised cheque or electronic means subject to budgetary coverage. The rule also prescribes the preparation, approval, submission, and authentication of annual and supplementary budget estimates, together with controlled re-appropriation where excess expenditure is likely. Re-appropriation for a new service needs prior Central Government approval, and transfers between administrative expenses and other expenditure grants are prohibited.
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Provisions expressly mentioned in the judgment/order text.
Administration of the Employees' State Insurance Fund requires controlled deposits, authorised payments, and structured budget approval.
Administration of the Employees' State Insurance Fund requires authorised receipt and deposit of all moneys in approved banks, with monthly statements, controlled operation of fund accounts by authorised officers, and payment only by authorised cheque or electronic means subject to budgetary coverage. The rule also prescribes the preparation, approval, submission, and authentication of annual and supplementary budget estimates, together with controlled re-appropriation where excess expenditure is likely. Re-appropriation for a new service needs prior Central Government approval, and transfers between administrative expenses and other expenditure grants are prohibited.
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