Library Rules
For loss of books, the following procedure will be followed. I. If the copies of the book are available with the suppliers, the book has to be replaced with a new one. II. If it is not available for replacement, the value of the lost book will be realized at the following rates.
a) Ten times the face value of the books which were published prior to 1946.
b) Six times the face value of the books which were published prior to 1970 and after 1946.
c) Three times the face value of the books in all other cases.
d) If the book value cannot be ascertained from the library stock registers, compensation will be fixed on the basis of the market price of similar publication at the time of fixation.
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