Welfare Fund Manual-2012 - Central Industrial Security Force

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Appendix’D’( Contd)
FINANCIAL POWER UNIT HEADED BY ASSISTANT COMMANDANT.
Authority Loan Advance Out Right Grant and
expenditure
(i) Managing Full Upto Rs.5,000/- As admissible
Committee.
under rules with
ceiling of Rs.600/-
Reasons to be
(ii) President. As admissible Upto Rs.5,000/-
recorded in writing
and send to Zonal
HQ for DIG's perusal.
Upto Rs.600/-
under rules with to be ratified by M.C. to be ratified by M.C
ceiling of
& reasons to be
Rs.4,000/-
recorded in writing
to be ratified by
and send to Zonal
M.C.
HQ for DIG's perusal.
(iii)
President.
Vice - - -
N O T E : The power of writing off will be exercised by next higher formation and
in no case the power of writing off will be exercised by a formation/unit
for its own dues.
Write Off