Each candidate for Chhattisgarh State Assembly general election 2018 has been directed by the Election Commission of India (ECI) to open a new bank account for maintaining election related expenses.
The permission is not granted for existing or earlier bank accounts for election related expenses, said Chief Electoral Officer Subrat Sahoo at State level Bankers Meeting and directed them to open new bank accounts for the candidates entering in poll fray.
Sahoo said that for all election related expenses a separate new bank account has to be opened just a day before the filing of nomination papers.
It was also cleared that in concerned assembly constituency limits permission has not been granted to carry cash more than Rs 50,000.
As per directive of Election Commission of India, all the candidates in election fray has to submit daily election related expenses by keeping account book. Related to this the candidate has to open the new bank account.
The candidates have to submit the details of bank account with the nomination papers.
The bank account can be opened at any place or any bank (it includes Co-operative Bank and Post Office) in any part of state.
The Bank account can be opened in name of candidate, or jointly by candidate and his agent but it should not be any of the family members except when family member is acting as election agent.
The candidate has to maintain all the election related expenses in this account.
For clearing expenses, cheque payment up to Rs 20,000 can be done. If the amount is lesser than the amount then cash can be withdrawn.
The bankers were given all the directives of ECI on different aspects of bank account and its monitoring by CEO Sahoo.