Section 8BAdvances for purchase of conveyance

Section 8B: Advances for purchase of conveyance

8B. Advances for purchase of conveyance

[8B. Advances for purchase of conveyance.—There may be paid to a member by way of repayable advance such sum of money not exceeding [four lakh rupees] as may be determined by rules made in this behalf under section 9 for the purchase of a conveyance.]

Amendment notes (2)
  1. Ins w.e.f. 26-12-1985 . Ins. by Act 74 of 1985, s. 7 (w.e.f. 26-12-1985).
  2. Subs w.e.f. 1-10-2010 . Subs. by Act 37 of 2010, s. 6, for "one lakh rupees" (w.e.f. 1-10-2010).