5. Function of the Concerned Post Office:
The function of the concerned post office shall be as follows:
(a) To give the valuable postal documents like postage stamp, envelope with stamp, aerogram etc. for the operation of post office to the postal agent without security up to One Thousand Rupees, by taking pledge up to Two Thousand Rupees and as prescribed by the Director General for above than the said limits; and it may be automatically increased at the rate of Fifty percent after Five years and Cent percent after the subsequent Five years (Ten years in total).
(b) To pay the amount of stationary cost, remuneration and other amount specified for the additional post office in lump sum to the postal agent; and to keep a receipt thereof by getting signed by the postal agent.
(c) To collect the monthly statement of expenditure of the additional post office and to forward the same to the Postal Services Department from time to time
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(d) To check up the postage stamp, cash and other valuable postal documents contained in the additional post office and all the activities thereof.
(e) To maintain the account of permanent goods of the additional post office.