impending payments, or to be carried to a deposit or suspense account. On the other hand, expenditure properly chargeable to the account of a given year shall, as far as possible, be met within the year, and shall not be deferred for the purpose of avoiding an excess on the amount provided in the Estimates. Similarly, outstanding items of revenue shall not be carried to a revenue sub-head as a charge against an advance or suspense account pending the collection of the amount. On the other hand revenue collected in any one year shall not be placed on deposit or held in suspense with the object of transferring it to revenue in the following year.
228. Where any commercial or industrial enterprise is administered on behalf of Government and separate provision has not been made by law with regard to its financial control and administration, the whole of the receipts and payments of the undertaking shall be accounted for to the Accountant General and included in his monthly and annual accounts. Normally the receipts and payments shall be accounted for under sub-heads of revenue and expenditure, but in special cases they may, with the approval of the Legislature and the Secretary of State, be accounted for through a suspense account.
229. When a personal advance in anticipation of salary is allowed, it shall be debited as an advance to the recipient and not to the vote for his salary. Any advance made to an officer is to be notified to the head of his department, who shall take care that proper arrangements are made for repayment and that no salary is subsequently paid unless such arrangements have been made and are complied with.
230. At the close of each financial year, cach of the securities held on account of the Colonial Government shall be valued at the current middle market price in London on the last working day of the year, and the value assigned to each security in the accounts shall be adjusted so as to correspond with that price. The amount by which the new value exceeds or falls short of the old value shall be carried to the credit or debit of the general revenue balance account.
Where securities are held on behalf of a fund, so that they belong to the fund and not to the Colonial Government, a similar procedure shall be followed, but the gain or loss shall accrue to the fund and not to the Colonial Government.
231. When a grant or loan from United Kingdom funds is received by a colony to meet certain specific expenditure it shall be credited in the first instance to a suspense account. Transfers from the suspense. account to revenue shall take place monthly to balance the actual expenditure incurred on the service in question. When a general grant or loan in aid of administration is received, however, it should be credited in total direct to a head of revenue as provided in Regulation 188 above.
232. Any necessary expenditure on services of a confidential nature, the purpose and particulars of which cannot be made public, shall be
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}