G.O. (Ms.) No. 17, Opening of New Head of Account to Draw Funds from Shelter Fund, 2021
The Government of Tamil Nadu, Housing and Urban Development Department, issued G.O. (Ms.) No. 17 on 29 January 2021 to add accounting instructions for drawing and recording funds from the Tamil Nadu Shelter Fund. It amends G.O. (Ms.) No. 135, Housing and Urban Development [SC-1(2)] Department, dated 21 July 2017, by inserting a new paragraph 7 and renumbering the existing paragraphs 7 to 11 as 8 to 12.
What it changes
G.O. (Ms.) No. 17, issued by the Government of Tamil Nadu, Housing and Urban Development Department, on 29 January 2021, amends G.O. (Ms.) No. 135 dated 21 July 2017. The amendment follows a request from the Managing Director of the Tamil Nadu Slum Clearance Board and creates an accounting arrangement for funds sanctioned to government-approved projects under the Tamil Nadu Shelter Fund.
The amendment inserts a new paragraph 7 after paragraph 6 of G.O. (Ms.) No. 135. The former paragraphs 7, 8, 9, 10 and 11 are consequently renumbered as paragraphs 8, 9, 10, 11 and 12.
Key accounting provisions
G.O. (Ms.) No. 17 specifies how expenditure for approved projects must be recorded and adjusted:
- Expenditure is to be debited under the Housing account for schemes implementing housing projects to rehabilitate the urban poor under the Tamil Nadu Shelter Fund.
- The specified IFHRMS code for the grant for specific schemes is
2216-02-800-AE-30903. The old code is2216-02-800-AE-0939. - The expenditure is to be adjusted through the deduction head for amounts met from the Tamil Nadu Shelter Fund.
- The specified IFHRMS code for the inter-account transfer is
2216-02-902-AA-33001. The old code is2216-02-902-AA-3009. - The corresponding contra debit is to the non-interest-bearing reserve fund account for the Tamil Nadu Shelter Fund.
- The specified IFHRMS code for that reserve fund account is
8229-00-200-BI-80102. The old code is8229-00-200-BI-000C.
Who it affects
G.O. (Ms.) No. 17 is directly relevant to government bodies and finance officials who sanction, draw, transfer, account for or audit money from the Tamil Nadu Shelter Fund. Recipients include the Tamil Nadu Slum Clearance Board, Tamil Nadu Housing Board, Chennai Metropolitan Development Authority, Commissioner of Town and Country Planning, Tamil Nadu Infrastructure Development Board, finance and treasury authorities, and government accountants and auditors.
Relevance to property owners and buyers
G.O. (Ms.) No. 17 concerns government fund accounting for urban-poor housing projects. It does not set out changes to land ownership, property registration, planning permission, land use, building approval, taxes or charges payable by an individual property buyer or owner.
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Common questions
Does G.O. (Ms.) No. 17 change my land title or property registration?
No such change is stated. G.O. (Ms.) No. 17 deals with accounting for expenditure from the Tamil Nadu Shelter Fund and does not contain provisions on land title or property registration.
What earlier government order was amended?
G.O. (Ms.) No. 17 amends G.O. (Ms.) No. 135 of the Housing and Urban Development [SC-1(2)] Department, dated 21 July 2017.
Why was a new paragraph 7 inserted?
The new paragraph provides the account heads and codes for debiting expenditure on government-approved projects, adjusting that expenditure against the Tamil Nadu Shelter Fund, and making the corresponding reserve fund entry.
Were the remaining paragraphs deleted?
No. The existing paragraphs 7 to 11 were renumbered as paragraphs 8 to 12 after the new paragraph 7 was inserted.
