Regulation 19

The date of receipt or payment governs the date of the record of the transaction in the accounts.

A payment of public money must not be made before it is due for the purpose of utilising an anticipated saving arising on a subhead of expenditure.

Any unexpended portion of any subhead of expenditure must not be drawn for the purpose of setting that portion in reserve to meet a payment which is not due or for the purpose of transferring that portion to a deposit or suspense account.

An expenditure duly chargeable to an account of a financial year must, as far as possible, be met within that financial year and must not be deferred for the purpose of avoiding an excess in any sum provided for expenditure in any annual estimates.

An outstanding item of revenue must not be carried to a revenue subhead as a charge against an advance or suspense account pending the collection of the revenue.

Any revenue collected in a financial year must not be placed in a deposit account or held in suspense with the object of transferring the amount collected to the revenue of the following financial year.