Amendment status not verified — confirm the current text below against the official source.
The foregoing provisions of this Act shall mutatis mutandis apply to the grant of motor car advance to, and its repayment by the Speaker and Chairman of the Hill Areas Committee and to all other matters relating thereto as they apply to the grant of such advance to and its repayment by a Minister. l6. (1) On and from the date of commencement of this Act and existing the Manipur Ministers and Speaker (Grant of Motor Car Advance) Rules, 1965 shall stand repealed. (2) Anything done or any action taken (including any noti- fication, order, Form, made or issued) under the repealed Rule shall in . so far as it is not inconsistant with the provision of this Act, continue in force unless and until it is superseded by any-thing done or any action taken in accordance with law. and morte 828° bonds. Amount 0! insurance. Applicabili- ty of rules and decision: of Govt. of Manipur to certain matters. Applicabili- ty of rules to speaker and Chair- man of the Hill Areas . Committee. Repeal and Saving. SCHEDULE FORM 1 C See section 11) FORM OF AGREEMENT TO BE EXECUTED BEFORE DRAWING AN ADVANCE FOR THE PURCHASE OF A MOTOR . VEHICLE An AGREEMENT made onwd—rday of..._.__.__ _ one thousand nine hundred andMBETWEEN—m__———— (hereinafter called the Borrower which expression shall include his heirs,‘administrator~3, exeCutors and legal representatives) of the one part'and the Governor of Manipur (hereinafter called the Governor, , which expression shall include his successors and assignees) of the ' other part. Whereas the Borrower has under the provisions of the Manipur Ministers, Speakers and Chairman of the Hill Areas Committee (Grant of Motor Car Advance ) Act, 1975 (hereinafter rejerred to as the said Rules which expression shall include any amendments thereof for the time being in force)applied to the Governor for a loan of Rs.———¢-— _._.. -—-———-— for the purchase of a motor vehicle and whereas the Governor has agreed to lend the said amount to the Borrower on the terms and conditions hereinafter contained. NOW 11‘ IS HEREBY AGREED between the parties hereto that in consideration of the Sum of Rs.——————-———-———-— ——to be paid by the Governor to the Borrower, the Borrower hereby agrees with the Governor (1) to pay the Governor the said amount with interest calculated according to the _ provision of the Act by monthly deductions from his salary as provided in the said Act and hereby authorises the Governor to make such deductions, and (2) within one month from the date of payment of the said sum to expend the full amount of the said loan in purchase of a motor vehicle or if the actual price paid is less than the loan, to repay the difference to the Governor forthwith, and (3) to execute a document hypothecating the said motor vehicle to the Governor as security for the amount to be lent to the Borrower as aforesaid and interest in the form provided by the said Rules and ‘iT lS HEREBY AGREED AND DECLARED THAT IF THE MOTOR VEHICLE has not been purchased and hypothecated as aforesaid within one month from the date of the payment of the said sum or if the Borrower within that period becomes; insolvent or quits office or lies, the whole amount of the loan and interest accrued thereon shall immediately become due and payable» IN, WITNESS whereof the BORROWER and—5 ——-; for ' and on behalf of the Governor have hereunto set their hands the day and year first before written. 7 (5; * _Signed by the said-———---7_—— in the presume cf