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, Director

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and Published by the Controller of Publications, Delhi-110054.