Sitting fees to Government Officers appointed as Directors of Industrial and other concerned — Furnishing of monthly statements to audit for verification.
[Memorandum No. 42514/496/F.R. I/68-I, Finance, Dt. 26-8-1968]
Ref. :—1. Govt., Memo. No. 2473/91-FR/64, Dt. 4-3-1964.
From the Accountant General, A.P., Hyd., Lr. No. GAD 1/Gen./65, Dt. 26-6-1968 and Lr. No. GAD 1/Genl. 73, Dt. 22-7-1968.
Order :—According to Note 2(3) and (5) under F.R. 48, the Government Director (other than a Minister) may retain a specific portion of the fees received by them for each meeting attended by them and shall credit the balance, if any to Government under intimation to the Accountant General, Andhra Pradesh, who shall verify the intimations of payments of sitting fees to Government Directors received from the companies etc., with the monthly remittances into the Treasury made by the Government Directors and their superior officers.
(2) The Accountant General has now reported that intimations regarding remittances of sitting fees etc., are not being received in his office either from any of the companies or from the Government Directors regularly. He has therefore suggested that necessary instructions may be issued to send to his office monthly statements of sitting fees etc., paid to Government Directors and that in cases where no meetings are held in a month and where the meetings are held but no sitting fees are paid, nil returns may be sent to his office so that they may have complete information in this regard.
(3) The Government, accept the above suggestion of the Accountant-General and hereby direct that all the Government Directors should furnish monthly statements to the office of the Accountant General regularly indicating remittances of sitting fees made into treasuries including nil statements wherever necessary.
(4) Similar instructions to the concerned companies shall be issued by the Industries and Food & Agricultural Departments.