Download THE PUNJAB LOCAL GOVERNMENTS (FISCAL TRANSFERS) RULES, 2017 — They shall come into force at once. Fiscal Transfers of Transfers means the funds transferred to the account of the Local Government by the Government as a share from the Provincial Allocable Amount but does not include the amounts paid in lieu of services or goods provided by the recipient Local Government to the Government. The provincial Allocable amount and shares of the Local Governments shall be determined by the Award which shall remain in force for a period of five years. Public Finance Commission, in consultation with the Government, shall determine the requirements for certification of fiscal transfers.