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State of Punjab - Section

Section 12 in The Punjab Legislative Assembly (Grant of Advance to Members) Rules, 1979

12. Penal interest.

- Without prejudice to any other action that may be taken under rules, a member who is found to have misutilised the advance or has not fulfilled all or any of the conditions of the sanction or has retained the amount of the advance beyond the period specified for utilisation, a penal interest shall be charged at such rate, as the Government may, from time to time, specify.