REGISTERED No. D. 221
The Gazette of Endia
EXTRAORDINARY
PART II - Section 3-Sub- section ( i)
PUBLISHED BY AUTHORITY
No. 102) NEW DELHI , THURSDAY , NOVEMBER 1 , 1962 / KARTIΚΑ 10 , 1884
MINISTRY OF FINANCE
(Department of Economic Affairs )
NOTIFICATION
New Delhi , the 1st November 1962
G.S.R. 1458.- In exercise of the powers conferred by section12 of the Govern- ment Savings Certificates Act , 1959 ( 46 of 1959 ) , the Central Government hereby makes the following rules to amend the Post Office Savings Certificates Rules , 1960, namely :-
1. ( i ) These rules may be called the Post Office Savings Certificates ( Sixth Amendment ) Rules, 1962.
( ii ) They shall come into force on the 15th November , 1962.
2. In the Post Office Savings Certificates Rules , 1960-
a) in rule 1, after item ( c ) of clause ( iii ) the following item shall be ( inserted , namely: -
" ( d) 12- Year National Defence Certificates . " ;
(b) in rule 2, for clause ( iii ) the following clause shall be substituted , namely : -
" ( fif ) ' certificates ' means-
( a) a 10 - Year National Plan Certificate ,
(b ) a National Savings Certificate ,
(c ) a 12 -Year National Plan Savings Certificate , and
(d) a 12 -Year National Defence Certificate. " ;
(c) for rule 3 , the following rule shall be substituted , namely : - " 3. Denominations in which certificates shall be issued-12 - Year National Defence Certificates shall be issued in denominations of Rs . 5 , Rs . 10 , Rs . 50 , Rs . 100 , Rs . 500 , Rs . 1,000 , Rs . 5,000 and Rs . 25,000 . " ;
(d) in rule 22 , in sub - rule ( 1 ) , after the words and figures " a 12 -Year National Plan Savings Certificate " the words and figures " or a 12 - Year National Defence Certificate " shall be inserted ;
( e) in rule 31 , after the table " ( e ) Surrender values of 10 - Year National Plan Certificates . " the following table shall be inserted , namely: -
( 555 )
"( f) Surrender values of 12 - year National Defence Certificates ;
Face value Rs . 10
556
Rs. 5 Rs . 50 Rs. 100 Rs. 500 Rs. 1000 Rs. 5000 Rs . 25000
Rs. np . Rs . nP . Rs . nP . Rs. пр . Rs . nP . Rs . nP . Rs, nP . Rs , nP.
Surrender value after I complete
year(s) from
date of issue 5.00 10.00 50.00 100.00 500.00 1000.00 5000.00 25000.00
2 5-20 10-40 52-00 104-00 520.00 1040.00 5200-00 26000.00
3 دو 5.45 10.90 54.50 109.00 545.00 1090-00 5450.00 27250.00
دو 4 وو 5-70 57-00 114-00 570-00 1140.00 5700.00 28500.00
5 6-00 12.00 60-00 120.00 600.00 1200.00 6000.00 30000.00
6 6-30 12-60 63.00 126.00 630.00 1260.00 6300.00 31500.00
دو
دو 7 دو 6-65 13-30 66.50 133.00 665-00 1330-00 6650.00 33250-00
8 دو 7.00 14.00 70-00 140.00 700-00 → 1.400.00 35000.00
9 دو 7-40 14.80 74.00 148.00 740-00 1480-00 7.400.00 37000-00
10 دو 7-80 15.60 78.00 156.00 780-00 1560-00 7800-00 39000.00
II دو 8-25 16-50 82.50 165.00 825-00 1650.00 8250-00 41250.00
12 8-75 17-50 87.50 175.00 875.00 1750.00 8750-00 43750.00"
رو
[PARTI THE GAZETTE OF INDIA EXTRAORDINARY
Sec. 5 ( 1) ]
557
( f) after rule 34, the following rule shall be added, namely: -
" 35. Discontinuance of 12 -year National Plan Savings Certificates . There shall be no issue of the 12-year National Plan Savings Certifica after the close of business on the 14th November , 1962. "
3. In Form A appended to the Post Office Savings Certificates Rules , 1960
(1) for the figures and words " 12 - year National Plan Savings Certificate" in the two places where they occur , the figures and words " 12- year National Defence Certificates " shall be substituted;
(11) for the portion beginning with " I/ We hereby agree to abide " and ending with " National Savings Certificates and Cash Certificates " , the following shall be substituted , namely: -
" I / We hereby agree to abide by the Post Office Savings Certificates Rules, 1960 and further declare that the National Defence Certificates now proposed to be purchased together with the National Defence Certificates , National Plan Savings Certificates , National Savings Certificates and Cash Certificates " ;
( iii) for the words " Receipt for National Plan Savings Certificates " , the words "Receipt for National Defence Certificates" shall be substituted .
(iv) for the words " Total number of National Plan Savings Certificates Issued" , the words " Total number of National Defence Certificates issued " shall be substituted ,
[No. F. 3 ( 21 ) -4 /NS / 62.1
SHIV NAUBH SINGH , Jt . Secy.
PRINTED IN INDIA BY THE GENERAL MANAGER , GOVERNMENT OF INDIA PRESS , NEW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS , DELHI , 1962