2154
THE NEW ZEALAND GAZETTE.
[No. 60

increase of the amount already fixed must be made by Postmasters
to their Chief Postmasters, and by the latter to the Controller of
Accounts. At non-accounting offices a stamp credit equal in value
to three months’ salary is advanced, a receipt being taken on form
P.O. 2.

(b.) The fixed reserve balance is intended to cover all pay-
ments in respect of money-orders, savings-bank warrants, and
vouchers in sight. Before seeking to add to it by applying for a
remittance a Postmaster must carefully estimate the probable
receipts in the interval to elapse before the payments will be likely
to be made. By intelligent application of this principle the
wasteful and unnecessary transmission of funds backwards and
forwards between offices will be avoided and the amount available
for investment increased. Chief offices must keep a careful check
on this question of remittances when handling the Post Office
accounts, which supply ample evidence when remittances are
applied for needlessly.

REMITTANCES.

788. (a.) Postmasters must remit to their Chief Postmasters
daily all the official cash, exclusive of odd shillings and pence, in
excess of the authorized reserve whenever that excess exceeds £10.
At offices where there is a branch of the Bank of New Zealand,
such amounts must be lodged to the credit of the Chief Postmaster’s
Deposit Account, and the bank receipt (Acct. 8) forwarded to the
chief office with form Acct. 1 and credit claimed in the Post
Office Account (Acct. 60) as a remittance. At offices where there
is no branch of the Bank of New Zealand the remittance must be
sent with every mail in the special envelopes or bags provided.
Such remittances must be registered and entered on the letter-
bill of the mail in which they are included. The particulars of
the remittance must be entered on form Acct. 1, which should
accompany the remittance to the chief office, credit being claimed
for the amount as a remittance to chief post-office. Whenever the
balance in hand of a Chief Postmaster exceeds the amount of
reserve balance, the whole excess, consisting of a multiple of £100
subject to known commitments must be paid to Post Office
Account. A receipt on form Acct. 7 must be taken from the
bank and sent in with the Daily Cash Account in which credit
for the amount is claimed under the heading “Paid Post Office
Account.” An explanation of the retention of any sum by Chief
Postmasters in excess of the reserve balance must be noted on
the back of the Daily Cash Account unless the surplus is lodged
to the credit of Post Office Account on the succeeding day.

(b.) Special lodgment forms are provided for the use of Chief
Postmasters in remitting to the credit of the Post Office Account
amounts held in excess of their reserve balance (Acct. 7), and for
a similar purpose by Postmasters to the credit of a Chief Postmaster’s
Deposit Account (Acct. 8). They are to be prepared in triplicate
by means of carbons. The original and duplicate copies are to
be left with the bank by the officer paying in. The triplicate form
is to be signed by the bank teller, and used as a supporting document
for the entry “Paid Post Office Account,” in the case of Chief
Postmasters in claiming credit on their Daily Cash Account, and
in the case of Postmasters in support of claims as remittances to
chief office in their Post Office Account.

789. (a.) Remittances from sub-offices to chief offices must be
entered on the face of form Acct. 60, Sub-office Post Office Account,
the entries thereon being amplified, if necessary, in the case of