GRANT OF LOANS AND ADVANCES TO AGRICULTURISTS. 



(ii) A Kanungo shall be so employed only when a gazetted officer 

 is not available. 



5. If any Revenue Officer is not empowered by rule 1 to sanction 



. . the loan, he shall transmit the application with 



Submission of appli- 

 cation with report of his report to the Collector, or to the officer who 



ordered the enquiry, as the case may be, provided 

 that, if the receiving or enquiring officer is subordinate to a Sub-divi- 

 sional Officer he shall submit it to the Sub-divisional Officer. 



6. The Local Government may, by general or special order, 

 Delegation of func- empower any person to perform all or any of 



the functions of a Collector or of a Revenue Officer 

 referred to in rules 2, 4 and 5. 



7. (1) When the applicant possesses an interest in immovable 



property of value sufficient to secure the whole 



Security. 



amount that may become payable in respect of 

 the loan, he shall mortgage that interest, or a sufficient' portion 

 thereof, to the Government as security for the payment of that 

 amount, and no further security need be required from him. 



(ii) When the applicant does not possess an interest in immovable 

 property of such value as aforesaid, he shall procure some person or 

 persons to become his surety or sureties for the payment of the said 

 amount. 



(iii) When the sureties are a body of village residents who bind 

 themselves jointly and severally to the Government for the payment 

 of the said amount, their personal security may be accepted, provided 

 that the sureties have executed a bond * * In 



other cases, the security given by the surety or sureties shall consist 

 of the mortgage of immovable property. 



(iv) The Collector must in every case satisfy himself that the 

 security offered in whatever form it is given, is sufficient to guarantee 

 the repayment of the loans, and when he is of opinion that security 

 other than land is sufficient, such security may be accepted. 



8. If the loan applied for is one that can be granted under the 



provisions of section 4, sub-section (1), of the Act, 

 Procedure. . > i i i 



and if the security offered is good and sufficient, 

 the officer dealing with the application or the Collector, when the 

 application and report have been transmitted to him under rule 5, 

 may, on completion of the local enquiry, sanction the loan himself, if 



16 



