(1) In providing the loan to the
farmers pursuant to these Rules, it shall be provided in condition that the
payment to be returned back while harvesting the next major crop
production.
79Provided that,
If any farmer has not in the condition to pay back the loan at the
time of next harvesting of the major crop due to any reason and District
Land Reform Officer, may provide additional time period for paying
back the loan of such farmer taking the approval of the Government of
Nepal, if he/she has deemed (considered) it reasonable.
(2) While providing loan to the farmers for feeding and for
assigning the workers, for more than one month the loan shall not be
provided at once but be provided time and again.
(3) While giving loan to the farmers, it shall be given only for
those needs which are essential and the loan shall not be more than the
amount which can be recovered from major crop.
(4) 80The committee shall keep update of the account book of the
loan given to the farmers.
(5) To recover the loan given to the farmers by it, 81the committee
if necessary, may recover the loan by making auction of the movable
79 Inserted by Second Amendment.
80 Amended by Seventh Amendment.
81 Amended by Seventh Amendment.
39
and immovable properties of the farmers, and 82the committee shall have
the first right on such movable and immovable property.
83(6) While providing the loan to the farmers by 84the committee,
it shall be given by prescribing a pay back period and making a letter of
assurance and after paying the loan, its receipt shall be given in the
format prescribed in schedule-20.