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Section 9: Safe custody and cancellation of mortgage

Members of the Kerala Legislative Assembly (Advance to the Purchase of Vehicle) Rules, 2012State Rules of Kerala · 1951

(1) The mortgage bond executed under the rule 7 shall be kept in the safe custody of the sanctioning authority.

(2) When the advance has been fully repaid, the bond shall be returned to the member concerned, duly cancelled, after obtaining a certificate from the Secretary, Kerala Legislative Assembly as to the complete repayment of the advance.

Where this provision sits

ActMembers of the Kerala Legislative Assembly (Advance to the Purchase of Vehicle) Rules, 2012
Section9
Marginal noteSafe custody and cancellation of mortgage
JurisdictionState of Kerala
StatusIn force as published by the source

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