The Indian Foreign Service (Conduct And Discipline) Rules, 1961
5. Entering into certain transactions :-
(1) It shall be lawful for a member of the service to open a credit account with any reputable Firm of tradesmen, provided that he shall settle all accounts regularly and never permit them to become so accumulated as to be beyond his Financial capacity. (2) No member ofthe service shall make purchases under hirepurchase-agreements without the previous sanction ofthe Government except in cases- (i) where the value is Rs. 10,000 or less, in each case: and (ii) where the Financial commitment, in each case, is such as can be liquidated during his tenure of office in the country where such purchases are made. (3) No member of the service shall maintain or obtain an overdraft at or from a bank abroad except with the permission of the Government.
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