(1) The accounts opened by the municipality in accordance with the Act and this regulation, the classification of the accounts and other related matters shall be as prescribed by the Ministry.
(2) As mentioned in section 126 of the Act, the account of the municipal fund shall be operated with the joint signature of the secretary and the head of accounts. Other accounts of the municipality should be operated with the joint signature of the secretary or the officer designated by him and the head of accounting or the employee of the accounting office designated by him.