Every particularly instances are handled because the around :-

(e) Train servants that are supplied get better into design off family (and acquisition of suitable property for the purpose) do not fall into a position to manage the true structure of the home when they enjoys pulled the initial instalment off financing and you may ordered the fresh parcel of land to possess construction out-of homes, ount due from them in more than simply one to fees.

(i) Once it becomes identified you to on account of issues past this new command over the federal government servant worried, it might not be possible for him to handle structure away from the house, he shall be expected to refund the entire count removed by your including need for one lump-sum, as statutes do not think of the latest offer regarding loan recommendations on acquisition of property only.

(ii) In the event new Ministry or Lead of your Department try met the anyone alarmed commonly capable pay-off the loan number due in a single instalment, they could enable at their discretion the brand new healing of count and accrued demand for suitable installments all of which really should not be below 33 percent of the people first shell out a much deeper position are imposed with the effect whenever the parcel of land bought from the someone is sold out by the your, the new revenue proceeds will be first be properly used to clear off of the number due to Regulators on the date, regarding product sales in one single swelling-contribution. Read more