Amendment status not verified — confirm the current text below against the official source.
Llc.current Audit Party(in d u p l i e s ) 3- F.U > Ho.AKm-3(5)/55. WS1) f f ^ - $ \ - ,'J0.Adnu:-Ps-3(29)/75 Dated:- 22.8.1975 2!i^S3^RDSR_N0i25t «* «ece.ia^8acn2or1 by fjT *"" 1" f 0 n-« t i« « x h e D.T.C. Board ±„ V C O n c e r n 6 d t h a t ^^^75haSdecie:tir:h ineheido« ^ t u i t y Act, 1 972 which^s ***** °* ' applicable to th, M o t o Z °een • * • - which ten or .ore Z ^ I T ******* ^Ployed by the Central Go applicable t o ^ corpor^™"' b e ' M d e ^£^Un CC TO*- As usual. C C TG-f «.0.<P)". The r e i e v a n t _ v^- l ^ 8 - * * • - J..*.ttSrATS: NEW DELHI N0„Adml-3(29)/77 Dated •-• 23.1; ty. . . necessary vide its the benefits a 1 s c action by a!i C o n c e r n e d 0 ? h ^ e + f n f o r m a t i 0 n of *nd Resolution Mo.657 da? ? f i c^l DTC.Soard vide extended by the payment ^ 9 - l 9 Z 7 - ^ e c l d e d t h a * th made applicable to'The afli, *t^ty A c t , i 9 7 2 , be Corporation, who*e D=V P ^ T D 7 ^ 1 0 ^ 3 o f t h e to the conditions t t e t - I S S h R s - 1 0 0 ° / - Per mensum- s u b l e t of the t o t a l admLsibl- =r, h ! Purpose of c a l c u l a t i o n ^ ^ o r e . o l S f J , a f ^ °f gratuity,,, the o S u m . - c u n t of g r a t u i t y ? a y a b l e \ S i 2 ^ ° & J ^ o o S A f f l £ X i f f U ^ O m c e r s / e ^ l o y e e r w t l l ^ e ^ . ^ 0 1 ^ ^ ^ t h s Boar^ t h J + , h e gratuity -under Cl^elr A°? ^ v * " option t o r e 4 T 4 h 4 & Provident Fund peculations fo«5e, & M - * i W i - v e e ; . - l v e n shall be irrevocable.' 9 5 2 ^ t h * ° P « ° n <img c - t e g o r f ^ ° g g | f / ^ o ^ s ^ l i l n g 'in the ' aforesaid - \ capacity) and intend?™ +, £ l a l ° r A dministr ative °* the D R J 4 & S ? S governed by Clause 5(4) 195,: should exercise t h ^ f F r ° v " e n t Fund)Regulations, tae P e r s o n n e ^ ^ ^ ^ y 0 ! ^ ^ fl?2 * g a » « *« j sue. L be presumed ' • • y 5* „iZ'?> r a i l i n g which i t i , governed oy the saicT Regulation."0* l n t * - = t - ix: 1 -ing ; ! the date o n ^ h i c h ' t h " d ^ 1 t a k e e f f e c t f r ^ 5.9,19: BoarJ. w n i c i l t h t- decision was taken by the DK i . e . * y j j fFI^SRS&s JCTIOFS. S d / - • _ ( A.K.QyTT ) DiiPUTY GEN2RAL MAI r$ - $ 3 - Ho.Ad,^ -j<Vt J/BD D a t ^ , - i ^ i Sab.j^t:- Functioning at fife ^ , of Lh.-. Provident Pwa rr the M P J£?, B d- l nf s ••rati-^i and Functiyni Board or ^ W i t h lr..SdisS ^ S ^ T K * ^ ^ovLtent Fu^ i f e # e * which „ a s g o n s t . i t ^ d i u ' l V t t l l f ^ n F ^ - B ^ H of S d / - C A. ' • y1"1 \ fc- tajW & W^afrjilj&i jy •"? ™ 2 Wisfe into j - D r c _ _ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ¥ ^ « apprentice" „=_„.„ ^ ^ t t l 9 t ^.niely: "rr^xit *$!**»*. ra6a!B I ; •****>** fcar.^ «*««*** 3P|cif^ afcttnlsterine tiie Fard? i y J t & d ***** <**# 0 8 Iffe? '-ws-ws. -ass- i- f&~ -35- M|8* the « « j a **•„** ^ MC,17 *$g ggg£ fattli* tor the m £ L ~ « ^ l l ^ l' B r t o f * * * * * * ' * «ittHf a * ^ ^ ^ , * « b * ™n t l y ^ n ^ i B i n —t \ \ - V' - 1 - \ / / / \ fe (^ X g£ - S t - off -the aata ,-,£ uiajffl. nuMeee i s r ^ e c i i T e '• *V1UJ n**^ I B ^ b a f l i o „_ - JW. * * » « S x ^ C ^ ^ »S?2* Wi M * *•» in Huch B ^ I ^ 4 . ^ " a ™1 1 * °* the »<** g^ffl under t t e tnirto W f l f lt^ ]J7f^ vi V e l? ***i*aed to 7 1 5 8 «™ tune to t i » ( -n- ^7 y ***** to i* ^ S ' ^ ^ « * : « ^ , * ^ao^^Ki^: i " ~** *st,j ******* r**s , a s s g BssBssiaass" ***** * J n i i ) MAft'JBSaSlP -i7n p-^, • «*'1?S -alcetad sv^ry WBJf ; J , : , i nt S e e — ^ ISP ffiKsgg a s»i §^ -«* iSS^l! * UlLL ^™ i n ^ ^ £ i ^ &6COffiaU **** ro LJ tin* T E U ^ ^g. - %~" 88 ***** PM x-*-*- » s @ ^ i iffSSW SB8 Ol-:cl..!ili ss& s& ss®*s^3S?** ***** by the ac^id of tTcaet '• • sss^f. s«ss s-aws *» - ** I (0) ^ j — J V ^ ^ s i a g l F£ often ?.i v<F-2 t ) t I'jrcsHVFy. •V.i-Sft 1/5 of W» sural*! a o a l i J n* 1* 1 1*' Biealifl OVCJ tile mfHi*ie£ ana * " ^ S 3 P I™' ^ -tto Chaln^n *t t h e Mfltltia' \ j t &S HFV- h ; D 13 kJ U 4 c^ 'v3 fey as p o s s i b l e n s t i c e r_r;bi _egg tfca-i seven. days f o r Ever/ ordinary Tnaeiirw ( t g ^ p t h a r vl.Vn d H a t 0£- biiairseas) s h a l l tja dispatched t o the Liustoejs. d) Tr-_e Cfta_rrRftn matf m i l dmargent meeting _0T 'i-?'.^ idarinfj -i--, rc.a^ter „j ^ - . _,._ ...,_,! reS5ofcab;= t h i s ip n* may G oroide red ne essa-a ry- Mo business c h i l l ta :r£ft=ic;ed (MAlrt^i a t l e a S t of the number nf t r u s t e e s o a t of vfhlch »*=Vf J I B workers r?» p recent a t'ivies are pteaenfc. f'3 A j j o u r n e i meeting w i l l *al«. place on s e - ^ m h day or rnBxifflUfti -Qr; ^ays from «b» data if ad jaiirrtitent a t 11vt dame place and tims and i t s h a l l ' thereupon be lawful t o rTiaposa of tlHi business Irr^g-necLWe- of rha qoerum- 5f3 Every to»t% considered ifi t h e wM-tinvf of the Board s h a l l be iecided by majority of nr-fc^j and the Mj£**msn s h a l l have 3 c a s t i n g ^qKte in t i t event =tf t h e n p i n i s n amonggt t h e t r u s t e e ? being e q u a l l y S * ^ ' &J2**5l. h o o v e r , the opinion i s s q u a l l y ..lETzridei j ^ d the Chairman doe 3 rtot e x e r c i s s hie - • r o v l W ° £ f* E ^ W fibaU" * referred t o R e f f i 6 ^ l -at^uLatsa co a l l membtra not l a t e r than lb jaye from t h e date rf the meeting. s h u ^ S C Q r ^ f ^ » * " » * « Q£ ^uoh n o t i n g & * & be *i|Ogd jy the Chai.rnwn in confimi&tton. with su= n a ^ i C ^ Y " j " n / ' ?'s ^ y te « * " ^ ^ i»c*s»ftry a t ttw next tt«ti$iafe The minutes s h a l l t h e r e a f t e r b<5 recorded t« a minutes bmfc as A p e r r a a ^ n t record. The S e c y . a h m i n c o f l s u l t a t t m v i t h Chairman convene m e a n h ^ of the B o a d , k* e = s the r e c o r d 0*= i t s S ^ H * ^ - * ^ 1 **** necessary E t e p . r o L. c a r r y i n g SUt the d e c i s i o n r f the Board. I n t h e absents e f the S e t y . , J o i l l t a < - v . w i l l a ; * e h B ^ , i ] thp t u n c M o M of the a * S . and a l a c 1 , 4 1 SSsiat him in i l l n u t t e r s . SSJLjf^gS " 5 * eo=f*^ s r l^ (remb-r nf fc1» fun-} nB t h s c-i.ird f o r a period nut e K ™e d i n g one jws*, a Uth member n o w e ^ r , s h a l l net bav~ Che r i g h t t o v o t e . *!,..- . fiftnid-= 9 J I / - f ^ - - > f& CijfflStir.Lit:.-»r i^f thus Tnat 3slfit r r e p o r t i=Drp»rstioii shall constitute j ^ ^ 5 L 5 K i * * S ? ^ 1 M * E ? n a ^ S ^ Corporation Emplo^E h* - ^ " ^ortsist „£ -2 nw^Der^ « vh*tn six shall BUS mei^ers & i ^ SMmd/tterkara. ™*i ^ 1 ccn> a m^ n^et the, officer* E l e c t i o n nf 1-h- nptHwee* ^ | i r E E e ^ „ ,-„„ Sfc-*tti^S?2 *f th" EU"d *« 3n E^ t±a n t o bJ held J*T t h e purpose on any working day. . My iSCTistarea u,rr": r i , f,0*-^"* ° F ^nder any Act oi wor*=r». r ^ p r E s e n t a t i ^ s H l U b e lls f o l l o w B , Six u m p l o ^ s ^ ^ e a s n t a t t w * s h a l l ha ,= W v „ , r a) Conductor i c) Workshop s t a f f 1 <*J M i n i s t e r i a l a t s f f 1 s) Checking fi 3upr- staff ^ + fJ Class iv staff i eligible for r^l^U™ L ™* ? 'rusts**, shall be rna^ be. ^=tion w «-nomination aa the ease a) The Corporation s h a l l fix data B* ¥**=. «1 -, f o r r e c e i v i n g nomination f r l „ A S t t l e c l ° a } n g dats -•2 nomination h-j th, i ^ / ^ * d a t * f ^ withdrawal. w* o-antt?... »i *s STi ^ f l i • " "•••*.'.i >'Af< b) I t r hTlilnj ' j l i C t i J l , the- Cj»S^etl<Ja saHl alaa £1; n iElit J M d t 3J1311 n^t m isajlite: tt.sfl t i n t * d?tffl and lF.tOi than 15 ^:/& afta* wlti^.-JntfL ir-tE fDi TimdnatiS.,- c) T;L; £$$- er ' I T - ' - H . 1 De ./v-'l*"tsJ- =,tJ.enJt f lays • :n th«> 1T^"1E?-. 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IDS SB* •= n ^>lltiJBF»LCG J Hpjt Jl 3 f LT ^.'V1 tiJDS iJC i ft^ f • ) ! ca aimloyt-s oJT il\iH C j ^ ^ r r t i ' j n diucl.ij -ptiy ;jefiiOrt i n uni<il t h i s o El ?i;l i (iflUBut is: it,t wiirfciiij jilt ^tPi'iirv; i l l s t^T^icsH, V^r m -n- ****** —V o, fe^ ^ S ^ The dufrLLnr I_IF BWI.-.K.-..H _ J the r then ^ £ £ *? 0h^fjT* 8 ^ ^ f * * a '<*» & *tfe« *g;.*& *&&m m m a^TS™ £«**"***» fma g iL™1*1 t:: **«* tin. (aSSLK " S&6 him, * "Vee of a II16qlogr ^ j ^ ^ ^ J^J^ A — ^ 38 —9ft ** s) i l l c£iDey5 ri^ntiinuted [j t i e ppS&hftitta t*y -the Bftipcte^iaB qj i j t ^ i 3^BfiiiEer) 3c ascyidft; ly way i.: inrtuxfl* -r -.tfiersisa fc ^nflh f-.jnl SftaXl be n.-i..^ X.J,„ U^_ ij, '.^IOV*! S^vanment 3s&jjj.ties atricUy &E per p^trtoxii ttt :::-/?••-?.-.:. laid 4mfti l^y t,—. i.'iifs 031 India f sua tlBB ft) time ?:ftYi-i?<l the* auflh Baouri-tUi aie ^ y a U a bc*Ji in K>4K0* gro^-it^l «m ir. i^ajwt if latere st in iniia. a) All eiQjflQHja Hwmired. in xuSprt*- Of, «H laia, VJ UK flili, , j*) I n t a n A Ai^wWQ Account AH iatsmurt, lei* eft! other ificjca toSLi^d- awi » t jjiMfl/tB ; r l^asis, i f i ^ & n n t t B a.*]_e ^f iiwaatneerts pj^ includit^ tbexeAa the VatHftction jf -tho rtcainirtrattjn account, **?$£ B Credited. pr debited, &a thfl oaoe n?y t», to an apttUI* flailed the f Iptarast S ^ n » ActtWft". j J m k e r ^ and Uumaiwlai on tba ..-urease api aSLe Of ^ a s t t i a a and o ttiai ini(a,itCBJtta *uOl T* included In tM JUBOhMO 1* aals piicL, KB^te aftaj » he find art a ^ ^ t e i y shsz^i t1 13* "Interest SUBWMS aj Jttl.flX?ei»a iftJ Jived ill «h« sdarf-MBtz^ion cf . -j»aE-p»vl£i*irt fund TsarjlfttiGllB inoiMtjtt tha (Wiutananw tf m*** MttatmUn i f « ^ H n t a aai rstujns and p ^ ^ n t az in™cti-3n iSifoHes **li te bias Djr tbs Ce3*sa*l«t, IT, j^ai'ffi;' | i) Interest aiflll be credited to.tfte fiM.jirrta of a sifcecnte* at aioh i*te aa-ma? £i datm-d^d for aaoJi jeor ewc^riing tJ th* oathud of enl ou) atlan ?XEaMi«d flf im t t a B t s tlaa ^ Wft T l U Bt O T H dej*fldi™ J n " ^ ^-nc^aw Jroai ?ruvJJ4nt fund. ita'ioatta «bl J.nve3tp,^ta. E-jvided that the egfcegB4e ^ ^ ^ iJOtawar. cjaditiHd to tte Boa^nt ^ tha Tnanbarg *^U- n.-t b» i«as then the interest pajflM-c- on-the ^ 3 ^ y a* t f l e ^ s As^I^d hy (^VlJiIHnent; ^ ^ ' t ^ ? ! ^ X E a t * B l 1 g! CMiltei at t?» wtc da+eKftilBd in SCCoirfsw* Bithtta H b - B B o l ^ i ^ m o f t h i a ^ Z T b) o ^ ™^ J ^ M « a ^ a y tt,E a ^ ^ j ^ LtltMte* .inn 35 -ni- i - , „ d " i * c . ™ ^cans* pu/abia Interest a h i l l tlwret.n ba f* "OJ5 t o _n*t in which fchfc account i a settled. •aeoitaa to Interest Sugj>#nM ^Cts^iaf1* ^^mS^^M^t^i^m^ Truste« ***** 1******, g g a g g j t „ the A c c o u ^ ^ L ^ " 3 ^ J t h S makes request t t e k f o r ; P^tod of ^ ™f l c r in whitrh he *** *JW-reas g wrrHDHAwA^ FROM rt--E FIIIFI HIS l f i & t o $ m $ 8 s<a- ir* to-"' \0T> The Ions renins * p u 3 g r M ^ u e t i w s ^ n J ^ n hy t , s u b s c r i b e r a f l U touil<il;.j. advance ,rp m»52 ^ ^ inatalmsr-.s of t f e h - n - I & - ^n advance fc£ <-K- cw^ t o t a l a t t r i b u t i o n ^ t h S ^ * * ? « # * « Of hfa r «* set 0Qt In regulations JS %£ - - t e r n , s ^ ggt«& until a ^ r i l f ^ ^ * * ? 1 ^ ™ = ^ l V b* t*j Ad ^ ^ ^ S5^S2?^ em* ** J* ******* 8 . of aJ 1-9-. - L ° l - a awli.ng n^* S j ^ ^ f * t s l e s s ' fi» Phasing . from..tsha i f i t e e0\ zrr 'L=.L-^WJ'rt- a Ali h^^-PU^h^t- basis Coppcr^titfn M; a S S i i f>* f{- 2 ^ * * ? * Finance nf a f i l i n g h Q U S e ; p r o r i ^ / t h i r 3 5 W * « ^ * « W * ia sanctioned £ o r t L SSriS» I "J,**** t h* a*™** £wei*a raontha Ijjaiia . , : ^ *£~> I** exc e ? ;i & thr- , • , S ^ r '• .;* n dJ 3?arnsa B allow*™) with u W s * U—* - ->-^LSf " ^ ^ **** contribute™ Gffllt ibttti«ns witjg l n,„ " " n ; ^ E _ or his ovm total •VOX-* al: the - q - ^ o t - ^ t ^ S l a M t j t h e previa** further* f-hT- - ™v A e s . t h f B ^ 3 ^ thinks f i t , in iuch f-.™ j£ £ p ^ ^ . ^ ^ W 4 to writing owr total cont !*utS;-lB 7 ^ !fc ^llovan^e ^ r h l a «B*= d i ^ c t tn--2 J l t S t ^ ^ s ^ * ^ n * a shall & the m=ntOftr, "l * c a &* m a / f e and ^ t to y&~ c o n : d . . , ) = 102- -M^ t.,Ki such mar^r «rtra is a i ^ a S o n a " Sfrlteae&ii rrnm ^vtocis s u t j a c t to tte iLT^r ^ f t I x j £ u n a - sanction L totfw ftceyunt rj g^ , s ^ ' . d l * d t ta <** *&* ^ m 2 J HQ advance undar *hi„ 5J 6} "tfhera ^n advance in «„„*.< ^ix months of tb« w i t h d r ' ^ „f t ^ ff =?*«*** «ltUti tSf1^*6 ="Vl«ed within sLiLntS. ^ * * t r t t t i i ^ « t and «*e g pu^UlVfS:SSTJ&fiW^PPli™"Hn t h ^ paragraph, omiasibia to a member u ^ p only afte- a period Xf fiZZ advence shall be adfliik-ii**_ ||r^^^ig%*«... „«., " a jfodnt property orhu*7,M P ^ h ^ i n g a B h 3 Jointly *a ^ « J SIyfdS£^r a j™Se g *** & « J o i ^ i . by th* au&x and t t e S ^ ° t h * fflEr,ber D r ^ 1 3 P P ^ £ S K ^ a £ J M i mm contd. !°3 - W 3 - cz-avidgd f u r t h e r t h a t * ~ - „ J ma mm sssm^msm * site, d3 cni J , J^K I ° e o r 3*»Utn8 ox- r^xtga^d to any fc the aSfh^M "^ V l t B d ^ t i n 9 in , a r t ti-Tankt ?.* specifie= patpeae o f letter o£ nuarlrttSS SkfLgS Kg!^^;*mi*jtf. * ^ afl*iast the title £ j £ T n t f e r t C"^ e ffl^ m » x 9*4 th^t ns haa 3 ci*?™^!** ^mortgaged bjr the the lanrj £r*e F ™ 1 ^ c l * l r ^n<3 ^ r t e t a b l e titfcea^ ^ mortg^d to that authority Si th*™p0fltE(i " i t h 3WF- from t h e date the S I , ' £ * J***** Of fivfc and sent 3irtctiy t o tt* ^ > F o u r ^ t h e f u n d that tlw & Kpi r y ^ t h e fl^f „a™ t™t au«*oirit*-earlier aut.ioritlB5 has b#en aJl *„* ^ ST™4 pevident Funs contd r.. -wv B) 9J Provided ai a D tjut ™Shi• h n l l l y t h a t Portion bfi ^h B l ^ ! r s a=COBiU:. |o<r _ W5~ 5 ^ ™^ ^ ' ri 5 a C c o u t l t l n «£ ^ tc? such Stat* S T a ^ n ^ " ^ £Ml-ty or which h* ^ a n whichever is 1™, ? ' °^ htl OWJ: 3 h a r e «* c°s^ ' S p t S LIS 'K^™* »W *W* or H ^ ^ ^ 4- f cas^g, tne meniber mar authorise thv whiel-.^vsjr Is L<a*s. thtenast thereon, "he . M r f on being satisfied that the authorisation • as .e=n made in the manner approved by him, shalJ _.nftr:-upQn remit such sun, to the State Govt. i r •^operative Society M th* ease raay he, =* the svsrjt of the m e ^ r refusing to accent. ar- *J. ctmscit uadfir feft- e4f3 Sterne, he s h 3 l L he liabia at to Govt. .or tha Ctscpsratire Society under-this T* igriph together wtth internet thereon at a H a not ea^owwllag Mi ,,.a. abova t h * rate fixed Leader S ^ S i i P * ? °t 1 7" T h e ™*»i«it so ref united shall be e n - u ted t t the mGiribsc's account. Prr.,-ided that only 5uch protion of the interest a=i vrotili Cflii- hern credited to the rosmber1? acc^iyit by « fcSl of inC*n=st, had he hot tafcen any such advahce- she 1 be credited to his amount and the e*c*»B B t » l l M • red!ted to the Interest Suspance Account. £h -.hs . ^ t D£ the member not having been allc-ttea a fcwizrtent or in the E ^ n t nf the cancellation of an aii-.tment read* to the mshiber udder the aaJd Schema the member snail be liable to refund to the Fund, th* amount reflitted t-s the State Govt, or the Cooperative SfloLety under this paragraph- The imoiffit E-J refunded 3tu.±l be credited to the member's account. ^ 4 - l&^" Cotstd. \a4 - l o t - Ifl tfc^ event -jf the merrier refusing to acquire ;he hi * * * T I ' P 5 5 P ? J ^ , ? , S C C i [ l strurt a housa under the s a H scheme I L S E °? *S ^ incliVidU?.i3r 0 ( r a p e r a t i ™ abclfettei, tl™ £ s ^ ; ^ f e L ° C a L b p d i 5 P - tto«i"9 Finance Corpora- excsea.ng 2% p~r -r.r.unr, =fc-r,re the rata £ txed ftftdsr-w*-fltrra*k i - P ^ i d r f ' t h l l t raf^^h a^l S» e d i t e d to t ^ ^ ^ ^ o u : . ha™ H^T, ^ ? ° J such p r Q t i o n ? f ; t h e i n t e n t as wunlri hava been unedited ta the reenter'a aciicHStt by way of interest a8t4^Bw*— s- sha11 be **w* to th* ****** IR *he ev&ftt of tha member not being flbl« to acauijr*. t h . * S £ ^ ° fuf * L 1 ° t m * n t ^ ^ a m e ] n b a r ond^r Che l a i ? t h ! ^ * , S ? ™J h ? V f t a 1 1 ** HaMe to refund to fete Fund, the amount remitted tea h b o r t o the rndlviduala, ^ ™r a t i * » - ™^™\t™™nV° ™£aM S ^ U te ^ ^ & the ^ . p a ^ c r L h u f 6f l 8 K f S (3« i™d **> «fund the amount ii*) a r f X t t l s^- Para<,ra Ph <<), the * * « * shall Soarf may d ^ r m i n * . F0r tte purpose of such r e ^ ^ y , S n t M S ™™^ ^ ^ t ^ Cprpor,tio,'t^ deduct such i n s t a i - ' S^rsSsS ^^3»«,%«a sans tinfe and *fc such nHnier a a may be a p e t i f iad m t h e , a i t o c t I ^ " « « . - i J ^ 3 a a r d SWb ** te l s satisfUd that a nemtier fW**M4| « ^ i r * 3 a further advance towards t h T ^ i ^ i t i ™ • t a k i n g ho hLfl credit in th* Fund, w h i o t e ^ r It C «SR ^^u^^inHo mm mmin ! - j ^ SK" - - « S - 2i Xn- t h e event of t t e niEin^r r e f j s t n g t o flqqui^e tha u i t a of purchase or c o n s t r u c t a house under the 3 .=5 id scheme h*s s h a l l be l i a b l e t o refund t o the fun-J, the amount remitted t o him nr t o trw i n d i v i d u a l s P cooperative s o c i e t i e s , Inii^ifcutisne, TniBtE, Lgtfti bodifift, Hous lug Finance Corpora*- t l a n s o r 3-^ato Sov^rnnistjta as the usaa may ha, nit^sr t h i s paragraph, t o g e t h e r with i n t e r e s t thereon a t a r a t e not , ^atz^gdlr..^ 2% n^.- :-.r.'jr -;-.-ve tne r a t e c ixed atrvifcr ^*rBgra£h I' The amount so refunded g h a l l be Credited frs t h i members acCDU- pra^idud t h a t ttfity auch p m t l o n of t h e i n t e r e s t ag ^ c u l d have be&rt c r e d i t e d he the maritierTE account by way pf i n t e r e s t , and he r.ot fskon any such advance, s h a l l be c r e d i t e d t o his account arid the excess s h a l l be c r e d i t e d t o tile i n t e r e s t S-us pence Account. 4) In t h e event of the member not being a b l e t o acquire t h e site! o r porBtia^e pr c o n s t r u c t a he-use or in the. event or the c a n c e l l a t i o n of a a l l o t m e n t made fee a member under t h e s a i d scheme, the member a h u l l he l i a b l e t o refund t o tbo Fund, the Ggiount remitted t o him e r tc- the I n d i v i d u a l s , c o o ^ e r a t i v * s o c i e t i e s , Ins t i t u t iana, T r u s t s , l o c a l bodies, Housinc Finance Corporations o r the S t a t e 3ovt* as tlTe 53-3S may be undor the v=ragraph. The amount so refunded g h a l l be. c r e d i t e d ifl the member's account. 5J wh^re a memher is pequire<S to refund the 3-mount under auh.paragraph (3) of sub-paragraph U J , the 3oard s h a l l f o r t h w i t h take s t e p s t o recover the amount due from tha wages of the meifiber in such numbar of instalments as Joard may determine. For the purpose of auch recovery, ,. ' i J, ? tha Board may d i r e c t t h e Corporation t o deduct such i n s t a l - ments from t h e wages of th-? member and the amount so deducted s h a l l r.e r e m i t t e d by t h e Corporation t o t h e 3oatu within SvJCh time and Mi guoh manner -as may be s p e c i f i e d in the d i r e c t i o n . t) The Board may. If ha is s a t i s f i e d that a n-jenirjer genuinely r e q u i r e s <s f u r t h e r advance towards the j c r j u i s i t t o n of the a i t e or purphasa DT c o n s t r u c t i o n of a house under the s a i d rschamE, grant t o the mamber such advance. of a sum not exceeding his six. months h-isic wages and (tearness allowance OT his own t o t a l c o n t r i b u t i o n s with i n t e r e s t therson s t r i d i n g t o h±e. c r e d i t in the. Fund, whichever is l e s s . 7) -n t h i g paragraph, the expression "Cooperative Society'" means the s o c i e t y r e g i s t e r e d nr deemed to be r e g i s t e r e d under the Copperativs S o c i e t i e s ftct, 1D12. "i (2 of 1912) o r under any o t h e r law for the time being in to-rctj. in any S t a t e r e l a t i n g t o Cooperative Ecus l e t l a s . c o f i t d , j * ^ r i - ^ — }oS