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Section 75: Advance from the fund

Rajasthan Non-Government Educational Institutions - Rules 1993State Rules of Rajasthan · 1992

A temporary advance may be gramted to a subscriber from the amount standing to his credit in the fund by the Secretary of the nstitution on the following conditions :

(a) To pay expenses incurred in connection with the prolonged llhess of the applicant or any person actually dependent on him :

(b) to pay obligatory expenses upto a reasonable amount in connection with funerals or ceremonies which by his religion it is incumbent on him to perform.

(c) An advance shall not, except for special reasons exceed half of the amount of total subscription of the employee or three month's pay, whichever is less.

(d) A second advance shall not, except for special reasons, be granted until at least twelve months after the final payment of a previous advance together with interest thereon.

(e) A advance to the extent of 50% in case of son's marriage and 75% in case of daughter's marriage may be made, out of the total amount of subscription of the subscriber limited to ten month's pay.

() An advance to the extent of 50% of the total amount of subscription of the subscriber limited to ten months pay may also be made -

(i) for building, altering or enlarging a house or for acquiring a suitable house including the cost of land on the satisfaction of the Secretary of the Institution, on the basis of documents produced for this purpose;

(ü) to meet the expenses including travelling expenses in connection with the illness of the subscriber and members of the family or any person actually dependent on him.

141 Raj. Non-Govt. Educational Institutions Rules, 1993 R.76

76. Recovery of advance,- (1) In advance shall be recovered from the subscriber in such number of equal installments as the sanctioning authoritymay direct, but such number shall not be less than twelve unless the subscriber so elects or in any case not more than thirty six. Each installment shall be a number of whole rupees, the amount of advance being raised or reduced, if necessary, to admit of the fixation of such installments.

(2) Recovery shall be made from the emoluments or a subscriber drawn from the institution and shall commence on the first occasion after theadvance is made on which the subscriber draws emoluments.

(3) If more than one advance has been made, each advance shall be treated separately for the purpose of recovery.

(4) After the principal of the advance has been fully repaid, interest shall be paid thereon in two installments.

(5) Recoveries made under this rule, shall be credited as they are made to the account of the subscriber in the Fund.

Rr. 77-78 Haj. Non-Govt. Educational Institutions Rules, 1993

Where this provision sits

ActRajasthan Non-Government Educational Institutions - Rules 1993
Section75
Marginal noteAdvance from the fund
JurisdictionState of Rajasthan
StatusIn force as published by the source

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