Rule 32
To Recovery Loan From Debtor Farmers
The lands reform officer
shall immediately recover the principal of the loan and it’s interest as
pursuant to the Act for current year, out of the actual loan that has been
ascertained in relation to each debtor farmer pursuant to Sub-rule (2) of
Rule 31, after harvesting the main crop product from the debtor farmer.
In case of previous loan than the current year’s, it’s principal and interest
pursuant to the Act shall be recovered from the debtor farmer at once or
upto five annual installments. The installment amount shall be recovered
after harvesting the each year’s main crop product. 72The committee
shall give the receipt of the recovered loan to the concerned farmer in
the format prescribed in Schedule-15.
72 Amended by Seventh Amendment.
36
Provided that,
73the committee may immediately recover the principal & interest
of current year’s loan after harvesting the major crop product from the
debtor farmer on the basis of the detail inventory taken pursuant to Subrule
(3) of Rule 31, even without being ascertaining of the amount, in
condition of adjusting the account after ascertaining the actual amount
of the agricultural loan pursuant to Sub-rule (2) of Rule 31 and it’s
receipt shall be given to the concerned farmer in the format prescribed in
Schedule-15.
(2) 74The written notice of the amount recovered pursuant to Subrule
(1), shall be provided in the format prescribed in Schedule-19 and
the account shall be kept updated and if that amount has been
misappropriated, all the members of 75the committee shall be
collectively and individually accountable for that
76(3) ………….