Para 3.13.14 — MSO (Audit)
Original Rule Text
3.13.14 Accountants General (A&E) or the Pay and Accounts Officers maintain detailed accounts of loans and advances granted to government servants that are recoverable in not less than sixty instalments while the departmental officers themselves maintain detailed accounts of other short-term loans and advances. However, the former also maintain detailed accounts of short-term loans and advances granted to gazetted officers when they are also responsible for regulating their entitlements.
What This Means
Detailed accounts of loans and advances to government servants are maintained by either the AG (A&E)/Pay and Accounts Officers or the departmental officers, depending on the type. Long-term loans (recoverable in 60 or more instalments) are maintained by the AG (A&E) or PAO. Short-term loans are maintained by departments, except for short-term loans to gazetted officers, which the AG (A&E)/PAO maintains when they are also responsible for the officers' pay entitlements.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Long-term loans (60+ instalments) are maintained by AG (A&E) or PAO
- 2Short-term loans are maintained by departmental officers
- 3Exception: short-term loans to gazetted officers may be maintained by AG (A&E)/PAO
- 4The threshold for long-term is 60 instalments of recovery
Practical Example
A gazetted officer takes a house-building advance repayable in 180 monthly instalments -- the AG (A&E) office maintains this loan account since it exceeds 60 instalments. A non-gazetted clerk takes a festival advance repayable in 10 instalments -- the department maintains this account. However, if a gazetted officer takes a festival advance, the AG (A&E) may maintain it since they also handle the officer's pay.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
What determines whether AG (A&E) or the department maintains a loan account?▼
Why are gazetted officers' short-term loans handled differently?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.