44 Establishment of a Single Revenue Collection Account

(1) There is established for the State a Single Revenue Collection Account to be managed by the Service to which shall be paid all Revenue due to the State Government.

(2) Any Bank Account which was operated for the purpose of collection of Revenue due to the State Government before the coming into force of this Law ceases to operate.

(3) Payment of any Revenue due to Government into any Account other than the Account established under sub-section (1) of this Law is prohibited.

(4) Each Revenue Generating MDA shall with the approval of the Accountant-General of the State, maintain an Account for the purpose of sub-section (5) of this Section.

(5) The Bank shall upon a written instruction from the Service, credit the Bank Account of each Revenue generating MDA, with a percentage approved by the Governor as Cost of Operation.

(6) The Bank shall upon a Standing Instruction from the Service, credit the Bank Accounts of each LGC with all Revenue due to the respective LGCs.