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Extraordinary Gazette of India · Government of India

The Government of India hereby notifies that the Scheme of 8 5 per cent Relief Bonds, 2001 as specified in this Ministrys Notification No. F 4(1)-W and M/1999 dated 3rd May, 1999 read with No. F 4(4)-W&FM/2001 dated 15th March, 2001 shall be subject to futher amendment as follows

Published 28 February 2002

Ministry
Ministry of Finance
Department
Department of Economic Affairs
Office
Budget Division
Gazetteid
NOT available ( 152183 )
Identifier
in.gazette.central.e.2002-02-28.152183
Languages
English, Hindi
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REGD NO D. L.-33004/99

The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No. 52] NEW DELHI, THURSDAY, FEBRUARY 28, 2002/PHALGUNA 9, 1923

MINISTRY OF FINANCE (Department of Economic Affairs) (BUDGET DIVISION) NOTIFICATION New Delhi, the 28th February, 2002 Relief Bonds

F. No. 4(5)-W&M/2002.—The Government of India hereby notifies that the Scheme of 8 5% Relief Bonds, 2001 as specified in this Ministry's Notification No. F 4(1)-W&M/1999 dated 3rd May, 1999 read with No. F 4(4)-W&FM/2001 dated 15th March, 2001 shall be subject to futher amendment as follows :—

I The Bonds will bear interest at the rate of 8% per annum with effect from the 1st March 2002 instead of 8.5% per annum The Bonds will also carry post-maturity interest at the rale of 8% per annum. 673 GI/2002 (1) 2 THE GAZETTE OF INDIA: EXTRAORDINARY [PART I—TSTO 1 ] H. Limit of investment The maximum limit for investment in the Bonds shall be Rs. 2,00,000 pet annum. JR. Consequent to the above, the Scheme shall be known as ' 8% Relief Bonds, 2002' with effect from the

1st Maich 2002.

2. It is further notified that the sale of 8.5% Refief bonds, 2001 shall cease from the 28th February, 2002. However, valid applications received by the Receiving Offices upto the date of receipt by them of the Government's decision regarding this reduction in the rate of interest shall be deemed to be subscription under the scheme of 8.5% Relief Bonds, 2001.

By Order of the President of India

ALOK CHATURVEDL Director

NOTIFICATION

New Delhi, the 28th February, 2002

Relief Bonds

F. No. 4 (5)—W & M/2002 (1):—The Government of India hereby notifies that post-maturity interest on Relief Bonds issued under the Schemes of 9% RelicfBonds, 1987,10% Relief Bonds, 1993, 9% Relief Bonds, 1993, 10% Relief Bonds, 1995,9%RctiefBonds, 1999 and8 5%Relief Bonds, 2001 vide Notifications.

(i) No. F 4 (31)—W&M/87 dated 17th November, 1987 read with No. F. 4(9)—W&M/92 DATED 6TH November, 1992.

(li) No. F. 4 (2)—W&M/93 dated 10th March, 1993. (in) No. F. 4(31)—W&M/87 dated 17th November, 1987readwifhNo.F.4(21>—VV&M/93 dated 2nd September, 1993 and No. F. 4(21)—W&M/93 dated 16th September, 1993.

(IV) No.F. 4(2)--W&M/93 dated lOthMarch, 1993 readwithNo, K 4(14}—W&M/95 dated29thSeptember, 1995 (v) No. F 4 (14)— W&M/95 dated 29th September, 1995 read with No. F. 4 (1)—W&M/99 dated 1 st January, 1999 and (vi) No. F. 4 (4)— W&M/2001 dated 15th March, 2001

Which have matured but not encashed or are maturing hereafter shall be payable at 8% per annum with effect from 1 st March, 2002 instead of the rate of post-maturity interest applicable thereunder.

By Order of the President of India, ALOK Chaturvedi, DirectorPrinted by the Manager, Govt of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Cite this issue. Extraordinary Gazette of India, Government of India, 28 February 2002. Indian Gazettes, https://egazette.servantsofknowledge.in/details/in.gazette.central.e.2002-02-28.152183/. Archive identifier in.gazette.central.e.2002-02-28.152183.