The following are prohibited from being done by the Fund:
(A) To pay any advance from the Fund whether or not taking any security or
guarantee, other than any advance to be paid in the course of daily and
travel allowance for the purpose of the business of the Fund and any
advance to be given to and taken from any director of the Board in
accordance with the rules framed under this Act; to lend moneys against
the guarantee of the residual of a trust land.
Provided that, nothing in this provision shall be deemed to bar the
paying of the same loan and advance to the Director as may be lent to
other depositor employees of the Fund