(1) Except when a Leader of Opposition relinquishes his office, the previous sanction of the Government shall be obtained for the sale by the Leader of Opposition of the motor car purchased with the aid of an advance, if such advance together with the interest accrued thereon has not been fully repaid. If a Leader of Opposition wishes to transfer the motor car and the liability attaching thereto to another Leader of Opposition, he may be permitted to do so under the orders of the Government provided that the purchaser i.e., Leader of the Opposition, records a declaration that he is aware that the motor car transferred to him remains subject to mortgage to the Government and that he is bound by the terms and provisions of the mortgage bond.
1 Notification No. F. 14 (2)/89-WS dated 8.5.1991 - G.S.R. 270 (E) published in the Gazette of India Extraordinary, Part II- Section 3 - Subsection (ii) dated 8.5.1991. Corrigendum G.S.R No.347 (E) dated 19.7.1991.
2 Substituted vide G.S.R. No. 133(E), published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) dt 23.3.2.1999 effective from 23.2.1999.
(2)In all cases, where a motor car is sold before the advance with interest thereon has been fully repaid, the sale proceeds must be applied, so far as may be necessary, towards the repayment of such outstanding balance :
Provided that when the motor car is sold only in order that another motor car may be purchased, the Government may permit the Leader of Opposition to apply the sale proceeds towards such purchase, subject to the following conditions, namely:—
(a) the amount outstanding shall not be permitted to exceed the cost of the new car;
(b) the amount outstanding shall continue to be repaid at the rate previously fixed; and
(c) the new car shall be mortgaged to the Government and also insured.