Section 29 in Gauhati University Loans and Advances Rules, 1959
29. Advance for purchase of motor cycle.
- Any advance may be granted to a permanent employee for the purchase of a motor cycle subject to the following conditions :(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.(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.(3)All other conditions shall be the same as in the case of an advance for purchase of a motor car.
