रजिस्ट्री सं ० डी ० 221
REGISTERED No. D. 281
भारत का राजपत्र The Gazette of India
EXTRAORDINARY
भाग II--खण्ड 3--उपखण्ड ( ii ) PART II- Section 3- Sub- section ( ii)
प्राधिकार से प्रकाशित
PUBLISHED BY AUTHORITY
सं० 337]
नई दिल्ली, मंगलवार , जून 27, 1967 / आषाढ़ 6 , 1889
No. 337) NEW DELHI , TUESDAY , JUNE 27 , 1967 / ASADHA 6 , 1889
इस भाग में भिन्न पृष्ठ संख्या बी जाती है जिससे कि यह अलग संकलन के रूप में रखा जा सके ।
Separate paging is given to this Part in order that it may be filed as a separate compilation .
MINISTRY OF FINANCE
(Department of Revenue and Insurance )
NOTIFICATIONS
New Delhi , the 27th June 1967
S.O. 2228. In exercise of the powers conferred by sub - section ( 5 ) of sec- tion 5 of the Emergency Risks ( Goods ) Insurance Act , 1962 ( 62 of 1962 ) , the Central Government hereby makes the following scheme further to amend the Emergency Risks ( Goods ) Insurance Scheme issued with the notification of the Government of India in the Ministry of Finance ( Department of Economic Affairs ) No. S.O. 3945 , dated the 26th December , 1962 , namely :-
1. ( 1 ) This Scheme may be called the Emergency Risks ( Goods ) Insurance ( Second Amendment ) Scheme , 1967 .
( 2 ) It shall come into force on the first day of July , 1967 .
2. In the Emergency Risks ( Goods ) Insurance Scheme, for paragraph 10, the following paragraph shall be substituted , namely:-
" 10. Rate of premium .
Pay ( 1) Subject to the provisions of sub- paragraph ( 2 ) the premium payable under anyany policy of insurance issued in respect of the quarter ending on the 30th day of September , 1967 shall-
(a) in the case of a policy in force on the 30th day of June , 1967, be nil ;
( b ) in any other case , be at the rate of six paise for every hundred rupees or any part thereof of the sum insured , subject to a maxi- mum of twenty - five rupces .
( 1191 )
THE GAZETTE OF INDIA EXTRAORDINARY
[PART II- 1192
( 2 ) The Central Government may , in its discretion , at any time during the said quarter , revise the premium payable under the policies referred to in sub - paragraph ( 1 ) .
( 3 ) Where the amount of any premium payable under sub - paragraph ( 1 ) involves a fraction of a rupee , the premium shall be rounded off to the nearest rupee . The premium shali be payable in one lump sum in respect of the entire quarter for which the policy is in force;
Provided that if any goods become insurable or are insured under this Scheme after the commencement of the quarter , the premium shall be payable in one lump sum , which shall be equivalent to the amount payable in respect of goods insurable during the entire quarter reduced by an amount which bears to the first mentioned amount the same proportion as the number of completed months in that quarter before thethe goods become insurable or are insured bears to three , the actual amount due in accordance with this proviso if it involves a fraction being rounded off to the nearest rupec .
(4) Where the premium has been revised under sub - paragraph ( 2 ) , the provisions contained in the proviso to sub- paragraph ( 3 ) shall apply for the purpose of calculation of the additional amount of premium payable or of the amount of premium refundable , as the case may be , as a result of such revision , as if all ththe policies came into force on the date of such revlsion. "
[ No. F. 101 ( 1 ) -INS . 1 / 67 - ERI ( I ) . ]
S.O. 2229. In exercise of the powers conferred by sub - section ( 6) of sec- tion 3 of the Emergency Risks ( Factories ) Insurance Act , 1962 ( 63 of 1962 ) , the Central Government hereby makes the following scheme further to amend the Emergency Risks ( Factories ) Insurance Scheme issued with the notification of the Government of India in the Ministry of Finance ( Department of Economic Affairs ) No. S.O. 3946 , dated the 26th December , 1962 , namely :-
1. ( 1 ) This Scheme may be called the Emergency Risks ( Factories ) Insurance (Second Amendment ) Scheme , 1967 .
(2) It shall come into force on the first day of July , 1967 .
2. In the Emergency Risks ( Factories ) Insurance Scheme , for paragraph 8 , the following paragraph shall be substituted , namely :-
"8. Rate of premium .
( 1 ) Subject to the provisions of sub - paragraph ( 2 ) the premiumnium payable under anyany policy of insurance issued in respect of the quarter end- ing on the 30th day of September , 1967 , shall-
( a ) in the case of a policy in force on the 30th day of June , 1967 , be nil ;
(b) in any other case , be at the rate of ten paise for every hundred rupees or any part thereof of the sum insured , subject to a maxi- mum of twenty - five rupees .
( 2 ) The Central Government may , in its discretion , at any time during the said quarter, revise the premium payable under the policies referred to in sub - paragraph ( 1 ) .
( 3 ) Where the amount of any premium payable under sub - paragraph ( 1 ) involves a fraction of a rupee , the premium shall be rounded off to the nearest rupee . The premium shall be payable in one lump sum in respect of the entire quarter for which the policy is in force ;
Provided that if any factory becomes insurable or is insured under this Scheme after the commencement of the quarter , the premium shall be equivalent to the amount payable in respect of factories insur- able during the entire quarter reduced by an amount which bears to the first mentioned amount the same proportion as the number of completed months in that quarter before the factory becomes insurable or is insured bears to three , the actual amount due in accordance with this proviso if it involves a fraction being rounded off to the nearest rupee .
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SEC. 3 ( fi ) ]
11 93
(4) Where the premium has been revised under sub - paragraph ( 2 ) , the provisions contained in the provisoto sub - paragraph (3 ) shall apply for the purpose of calculation of the additional amount of premium payable or of the amount of premum refundable , as the case may be, as a result of such revision , as if all the policies came into force on the date of such revision . "
No. F. 101 ( 1 ) -INS . 1 / 67 - ERI ( II ) . ]
A. RAJAGOPALAN ,
Officer on Special Duty and Ex - Officio , Jt . Secy.
PRINTED IN INDIA BY THE GENERAL MANAGER, GOVERNMENT OF INDIA PRESS .
NEW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS , DELEM, 1967