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GOVERNMENT OF ANDHRA PRADESH
ABSTRACT
Advances – Repayable Motor Car Advance of Rs.4,50,000/- to Dr.J.Geeta Reddy,
Hon’ble Minister for Major Industries,Sugar, Commerce & Export
Promotion,Government of Andhra Pradesh towards purchase of Motor Car – Sanction
Orders - Issued.
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GENERAL ADMINISTRATION (POLL.D) DEPARTMENT
G.O.Rt.No. 1455 Dated:30 March,2012.
Read the following:
1. G.O.Ms.No.651, General Administration (Elections.A) Department,
Dated:29-11-1988
2.G.O.Ms.No.155, G.A.(Poll.D)Department, Dated:28-03-2011.
3.From the Hon’ble Minister for Major Industries, Sugar, Commerce &
Export Promotion, Govt. of A.P. Note, Dated:13-03-2012.
& & &
ORDER:
In terms of the provision contained in A.P. Payment of Salaries and Pension
and Removal of Disqualification’s Act,1953 and the Rules issued by notification in
G.O.Ms.No.651, General Administration (Elections.A) Department, Dt:29-11-1988 and
orders issued in G.O. 2nd read above, Dr.J.Geeta Reddy, Hon’ble Minister for Major
Industries, Sugar, Commerce & Export Promotion, Government of Andhra Pradesh is
hereby sanctioned a repayable Motor Car Advance of Rs.4,50,000/- (Rupees Four
Lakhs Fifty Thousand only) towards purchase of a Motor Car for his use in lieu of
Government vehicle.
2. The advance sanctioned in Para 1 above is subject to the following terms and
conditions:
(i) The advance sanctioned in para (1) above shall be recovered in 30
monthly Installments @ Rs.15,000/- per month.
(ii) The interest chargeable on the advance shall be @ 5.50% per annum
which shall be recovered in 4 monthly installments thereafter.
(iii) The motor car shall be purchased with-in one month from the date on
which the advance is drawn, failing which the entire amount of the
advance together with the interest thereon, shall be refunded to the
Government.
(iv) If the actual price paid for the Motor Car is less than the advance
drawn, the balance amount shall be refunded to the Government
forthwith.
(v) The transaction shall be completed from the date of drawal of the
advance within one month, the loanee shall execute a mortgage bond
in the Form-14, A.P. Financial Code hypothecating the car to the
Government as security for the advance.
(vi) In the event of demitting office, the total balance amount of repayable
advance outstanding together with interest thereon, shall be repaid in
one lump-sum immediately after resignation/demitting of office.
(vii) The advance shall be drawn within three months from the date of
sanction.
P.T.O.// 2 //
3. The amount sanctioned in para-1 above shall be debited to “7610 – Loans to
Government Servants – MH 202 – Advance for purchase of Motor Conveyances – (06)
Loans to Ministers, Speaker etc. for purchase of Motor Cars during the financial year
2011-12.
4. The Assistant Secretary to Government and Drawing and Disbursing Officer of
Industries & Commerce Department shall take necessary action for the drawl and
disbursement of the advance and to watch the recovery of the loan amount including
the interest thereon, as per rules.
(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)
AJAY MISRA
PRINCIPAL SECRETARY TO GOVERNMENT (POLL.)
To
Dr.J.Geeta Reddy, Hon’ble Minister for Major Industries, Sugar,
Commerce & Export Promotion, Government of Andhra Pradesh.
The P.S. to Minister for Major Industries, Sugar, Commerce &
Export Promotion, Government of Andhra Pradesh.
The Assistant Secretary to Government, Drawing and Disbursing Officer,
Industries & Commerce Department. (3 copies of G.O.)
The Pay and Accounts Officer, Hyderabad.
The Deputy Pay and Accounts Officer, Secretariat Branch, Hyderabad.
The Accountant General, A.P. Hyderabad.
The Finance (A&L) Department.
The Additional Director, Department of Protocol, Public Gardens, Hyderabad.
SC/SF.
// FORWARDED::BY ORDER //
SECTION OFFICER