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State of Madhya Pradesh - Section

Section 165 in The M.P. Krishi Upaj Mandi (Mandi Nidhi Lekha Tatha Rajya Vipnan Sewa Kl Gathan Kl Riti Tatha Anya Vishaya) Niyam, 1980

165. Advances.

- The Chairman may at his discretion, grant, temporary advances to a subscriber from the amount standing to his credit in his Provident Fund Account subject to the following conditions :(a)the subscriber shall satisfy the Chairman that his pecuniary circumstances justify the grant of the advances and that it will be expended on the following subject or object and not otherwise :(i)to pay expenses incurred in connection with the prolonged illness of the subscriber or any person actually dependent on him;(ii)to meet the expenses on account of "confinement",-
(1)in case necessitating prolonged medical attention;
(2)prolonged stay in hospital or protracted treatment; and
(3)in other circumstances involving expenditure disproportionate to the subscriber 's income.
(iii)to pay for the overseas passage for reasons of health or education of the subscriber or any person actually dependent on him; and
(iv)to pay obligatory expenses on a scale appropriate to the subscriber's status in connection with marriages, funerals, or ceremonies which by his religion it is incumbent on him to perform.
(b)the advances shall not, except for special reasons to be recovered in writing exceed three months' pay and shall in no case exceed half the amount of subscription and interest thereon standing to credit of the subscriber in the Provident Fund at the time when the advance is granted.