RT-1474: LOANS AND ADVANCE - Motor Cycle Advance – Sanction of Motor Cycle Advance to Sri Md.Sarwar, Chowkidar, GAD - Orders - Issued.

GOVERNMENT OF ANDHRA PRADESH ABSTRACT LOANS AND ADVANCE - Motor Cycle Advance – Sanction of Motor Cycle Advance to Sri Md.Sarwar, Chowkidar, GAD - Orders - Issued. ----------------------------------------------------------------------------------------------------------------- GENERAL ADMINISTRATION (SB-II) DEPARTMENT G.O.Rt.No. 1474 Dated:31-3-2012. Read the following:- 1. G.O.Ms.No.218, Fin.& Plg.(FW A&L) Dept., dated 28-4-1994. 2. G.O.Ms.No.213, Fin.& Plg.(FW A&L) Dept., dated 2-8-1999. 3. Application from Sri Md.Sarwar, Chowkidar, GAD., dt:31.10.2007. 4. G.O.Rt.No.1259, Finance(A&L) Dept.,dated:29.3.2012. 5. U.O.Note No.10353/OP.I/2012-1, G.A. (OP.I) Dept.,dated.30.3.2012. &&&&& O R D E R: Under Articles 230/231 of the A.P. Financial Code Volume-I, read with the orders issued in the references 1st and 2nd read above, Government hereby sanction an advance of Rs.60,000/- (Rupees sixty thousand only) from the funds allotted in the references 4th & 5th read above to Sri Md. Sarwar, Chowkidar, General Administration Department for purchase of a Motor Cycle. 2. The advance sanctioned above is subject to the following conditions:- i) that he should draw the advance in the financial year 2011-12. ii) that he should purchase the Motor Cycle and finally pay for it within one month from the date on which the advance is drawn; failing which the advance drawn together with interest thereon shall be refunded to the Government; iii) that he should execute an agreement bond in Form 13-C and a Mortgage Bond in Form 14 of A.P.F.C.Volume – I and; iv) that the vehicle is insured against loss or damage by fire or accident or riot by civil commotion, within one month from the date of purchase of Motor Cycle/Scooter failing which the full advance drawn with the interest must be refunded to Government. The insurance affected on the vehicle shall be from the date of its purchase. 3. If the actual price paid for the vehicle is less than the advance drawn, balance amount should be refunded to the Government forthwith. 4. The mortgage bond in Form 14 of the A.P.F.C. Volume-I and other documents should be submitted to the Government within a fortnight from the date of the purchase of vehicle together with a report of the drawl of the advance, the purchase of the Motor Cycle and its insurance. 5. The advance sanctioned to the individual shall be recovered in 40 equal monthly installments @ Rs.1,500/- (Rupees one thousand and five hundred only) per month and interest at the rate of 5% per annum which is subject to revision, shall be recovered in 10 monthly installments after completion of recovery of principal amount. 6. The advance sanctioned shall be drawn from the budget allotment to General Administration (SB.II) Department, in the reference 5th read above and shall be debited to the Head of Account “7610-Loans to Government Servants-MH 202 Advance for purchase of Motor cycles, S.H (05) Loans for purchase of Motor Cycle” 001 - loans for purchase of Motor Cycles. P.T.O-2- 7. The General Administration (Claims-A) Department is requested to draw and disburse the amount to the individual immediately. Certified that this is the first advance sanctioned to the individual. It is also certified that the basic pay of the individual is Rs.15,280/-. 8. This is to certify that the individual wife is not a Government Servant. 9. This orders does not require the concurrence of Finance Department under the rules and orders in force. (BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) R.SESHARAM SINGH JOINT SECRETARY TO GOVERNMENT (GENERAL) To Sri Md. Sarwar, Chowkidar, General Administration Department The General Administration (Claims.A) Department. The Deputy Pay and Accounts Officer, Secretariat Branch, Hyderabad. SF/Sc. //FORWARDED : : BY ORDER// SECTION OFFICER