Except in such special circumstances and subject to such conditions as the Armed Forces Revolutionary Council may impose, any public servant who has obtained a loan from or arranged by his employer for the construction of any residential accommodation under any housing loan scheme designed for public servants shall not, after the completion of the house in respect of which the loan was granted, be allocated any bungalow or other accommodation howsoever described, being a bungalow or accommodation owned by the Government or his other employer within the public service if the city or town where the public servant is for the time being posted is the same as the city or town in which the said house is situated.