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monthly ordinary expenditure; but if recourse shall be had to the Banking establishments for the transaction of current business, as well as for the deposit of surplus moneys, the balance to be left in the hands of the Treasurer will be of small amount, to meet only minor incidental

expenses.

296. When it is necessary to fix or alter the amount of the maximum balance which may remain in the hands of the Treasurer, the Governor will, after the necessary inquiries, report to the Secretary of State, for the con- sideration of the Lords of the Treasury, the sum which he

may decide

upon for such maximum balance, accompanying this report by statements of the Treasurer's average monthly ordinary receipts and disbursements (distinguishing fixed revenue from incidental receipts, and pay and salaries from contingent disbursements), and by such other explanations and observations as may have been submitted to him, and upon which he may have grounded his decision.

297. In order that the Governor may at all times have the means of informing himself as to the state and disposal of the public balance, and of providing effectually for its verification, he will cause the Regulations which he has received from the Lords of the Treasury in this respect to be strictly observed by all concerned.

298. If the Governor shall have availed him- self of the services of a Banking Establishment in the Colony, he will require from the Secretary, or other proper officer of such Establishment, a monthly statement of all suins deposited in and withdrawn from the Bank, and of the balance of public money remaining in the Bank at the end of each month.

299. The Governor will take care that arrange- ments are made with the Directors or Managers

of these. Establishments, so that the Colonial Treasurer, Receiver-General, or other Account- ant, shall not have sole control over the sums deposited therein.

300. To effect this object the cheques on the Bank for the payment of ordinary disbursements should invariably be countersigned by the Officer next in rank at the Treasurer's or Accountant's office.

PUBLIC RECORD

OFFICE

Reference :-

TILTC.O-885

17 PUBLIC RECORD OFFICE, LONDON

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