Gauhati University Loans and Advances Rules, 1959

{
    "id": 13682,
    "slug": "gauhati-university-loans-and-advances-rules-1959",
    "title": "Gauhati University Loans and Advances Rules, 1959",
    "short_title": "Gauhati University Loans and Advances Rules, 1959",
    "act_number": "",
    "act_year": 1959,
    "act_type": "STATE",
    "location": "Assam",
    "law_status": "unknown",
    "enactment_date": null,
    "description": "Gauhati University Loans and Advances Rules, 1959",
    "preamble": "",
    "section_label": "Section",
    "sections": [
        {
            "number": "2",
            "title": "2. Definitions.",
            "chapter": null,
            "content": "(i) \"University\" means the Gauhati University ;\n(ii) \"Executive Council\" means the Executive Council of the Gauhati University;\n(iii) \"Head of Administrative Department\" means the Registrar, the Treasurer and the Secretary, University Classes of the University.\n(iv) \"Officers and teachers\" means respectively officers and teachers of the University;\n(v) \"Employees\" includes officers, teachers, clerical staff and employees of similar cadres and servants and employees below the rank of clerical staff appointed by the University and includes a Government servant in foreign service under the University, but does not include a Government servant doing work for the University under the control of his departmental superiors in the Government service.\n(vi) \"Advance\" means the total amount of a loan granted for a particular purpose.\n(vii) \"Borrower\" means an employee of the University who draws an advance from the University for building a house or purchasing a motor car.\n(viii) Words and expressions not defined in these Rules shall have the same meaning as in the Gauhati University Act, 1947.\n3.\n4.\n5.\n6.\n7.\nGeneral\n8.",
            "footnote": "",
            "is_definition": true,
            "sort_order": 0
        },
        {
            "number": "9",
            "title": "9. Advances fro construction of houses.",
            "chapter": null,
            "content": "10.\n11.\n12.\n13.\n14.\n(i) if the cost of the work bona fide under- estimated at the time of submission of plants and estimates ;\n(ii) if the University could not grant the full amount admissible to the employee concerned due to shortage of funds.\n15.\n16.\n17.\n(i) This rule does not preclude the grant of an advance to an employee who does not possess full proprietary rings in the land upon which he intends to build ; provided that the Executive Council is satisfied that the applicant has a lease of which the unexpired portion is of a term and value sufficient to justify the grant of the advance and the there is no danger of the lease lapsing or of the University being unable to dispose of it should become necessary to foreclose the mortgage.\n(ii) The employee taking a house-building advance shall submit to the Treasurer receipts for land revenue, ground rent, Municipal taxes and other public demands, as the case may be, in respect of the mortgaged property within fifteen days of their falling due or within such time as the Treasurer may fix. If the Treasurer finds that such dues have not been paid by the borrower, steps shall be taken to recover the said dues including thereon, if any, from the next monthly pay of the employee concerned for payment to the parties concerned.\n(iii) No house-building advance shall be sanctioned unless the Executive Council is satisfied that the employee has valid title to the land and the same is free from any previous encumbrance ; that there will be no legal obstacle to the property being mortgaged to the University and the University will have the right of foreclosing on the conditions mentioned in the mortgage bond and unless a lawyer appointed by the Executive Council has certified that the security is good and acceptable. For this purpose necessary documents and certificates from the Revenue and Registration Department of the State Government and such other certificates as the Executive Council may deem necessary shall be produced by the employee at his own cost.\n18.\n18A.\n(i) Applications for an advance for house-building should in all cases be accompanied by a report from the Head of the Administrative Department concerned who should state besides his opinion as to the necessity of the advance, whether any previous advance has been made to the applicant and if so, when and whether such advance has been fully repaid or not.\n(ii) After the application for house building loan is found on preliminary examination to be in order and the funds are available for the purpose, the case should be referred to a legal adviser of the University and his professional fees at the rate prescribed by the University should be realised from the loanee.\n19.\n20.\n21.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 1
        },
        {
            "number": "22",
            "title": "22. Advance for purchase of motor cars.",
            "chapter": null,
            "content": "23.\n24.\n25.\n26.\n(ii) No advance shall be paid unless an agreement is executed agreeing to create a first charge in favour of the University on the car to be purchased.\n(iii) Immediately on completing the purchase an officer or teacher shall execute a mortgage bond hypotecating the motor car to the University as security for the advance. The cost price of the motor car should be entered in the schedule of specifications attached to the mortgage bond. He shall also effect registration of the motor car in his name under the Motor Vehicles Act, 1939 within endorsement that the car is hypothecated in favour of the University and such registration certificate shall be submitted to the Treasurer :\n27.\n28.\n(a) The cost of the motor car subsequently purchased must not be less than 1-⅓ (one and a third) times the outstanding amount of advance including the interest accrued thereon.\n(b) The amount outstanding shall continue to be repaid at the rate previously fixed.\n(c) The motor car must be insured and mortgaged to the University as required by these Rules.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 2
        },
        {
            "number": "29",
            "title": "29. Advance for purchase of motor cycle.",
            "chapter": null,
            "content": "(1) That the amount of the advance does not exceed six months substantive pay or Rs. 2,000 or the anticipated price of the motor cycle whichever is less. If the actual price paid is less than the advance then the balance should forthwith be refunded to the University.\n(2) That the recovery is made by deducting monthly instalments equal to one-fortieth part of the advance from the pay bill of the employee after the advance is drawn.\n(3) All other conditions shall be the same as in the case of an advance for purchase of a motor car.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 3
        },
        {
            "number": "30",
            "title": "30. Advance for purchase of bicycles.",
            "chapter": null,
            "content": "(i) The advance may be granted to a permanent University employee drawing a substantive pay of less than Rs. 500 p.m.\n(ii) The total amount of the advance shall not exceed four months pay or Rs. 250 whichever is less and shall be limited to the anticipated price of the bicycle to be purchased. If the actual price paid is less than the advance taken, the balance should be forthwith refunded to the University.\n(iii) Recovery of advance will be made in 25 instalments from the salary of the employee from the first issue of the pay after the advance is drawn. The amount of interest calculated in accordance with Section 4 will be recovered as laid down above.\n(iv) All other conditions shall be the same as in the case of purchasing a motor car.\n31.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 4
        }
    ],
    "metadata": {
        "Act ID": "Last Updated 11th February, 2020 [ass161]",
        "Act Number": "",
        "Enactment Date": "",
        "Act Year": "1959",
        "Short Title": "Gauhati University Loans and Advances Rules, 1959",
        "Type": "STATE",
        "Location": "Assam"
    },
    "updated_at": "2026-09-29 21:55:18"
}