HLA Rules 24Chapter II · Motor Car Advance

Section 24 · Misutilisation of motor car advance

- [Section 8]. - (1) In the case of misutilisation of the motor car advance, the Borrower shall be called upon to refund the entire amount of advance alongwith the interest due thereon in lump sum.

(2)

[ Penal interest at 2½ per cent over and above the normal of interest shall also be recovered from the Borrower mis-utilizing the advance, from the date of its drawal till the date of recovery from him of the entire principal and interest and will be credited in head of account "0049-Interest-Receipts, Interest-Receipts of State/Union Territory Government-Other Receipts-Interest on House Building Advance (G.O.).] [Substituted by Haryana Notification No. GSR 16/HA 9/1979/S.8/2001 dated 28.6.2001.][25. Head of account. [Section 8]. - The amount will be credited in the head of account "7610-Loans to Government Servants etc.-202-Advance for purchase of motor conveyances-(ii) Advances for purchase of motor conveyances-Advances to Ministers, State Ministers, Deputy Ministers, Presiding Officers and State Legislators (Non-Plan) Receipts" under intimation to the Secretary.] [Substituted by Haryana Notification No. GSR 16/HA 9/1979/S.8/2001 dated 28.6.2001.]

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