All Official Bodies Must Use, Government Banks Chungking, June 21 The Chinese Government announced today that a "Public Treasury Law" Will be enforced as from October 10 in all provinces with the exception of Sinkiang, Yunnan, Chinghai and Ninghsia. four provinces where the enforcement of the law will be temporarily postponed, and in war areas, or areas adjacent to war fronts, where special conditions prevail Interviewed by Reuter, a Chinese spokesman stated that the main feature of the law is that all Government offices, whether Central, Provincial or Municipal, must deposit their funds in Government banks, while all expenditure of Government offices, with ihe exception of petty cash items, must be drawn in the form of cheques on Government banks.
This represents, he stated, an effort to regularize the funds and expenditures of Government offices.
All Provincial and Municipal offices are to carry out the law as from January 1, 1940, but if there are peculiar difficulties, the local Governments may submit their problems to the Government for consideration.
If their petition is approved by the Government, the law in such localities may be postponed to April 1, 1940, or to July 1, 1940, depending on the circumstances justifying the postponement.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.