REGISTERED No. D. 221 रजिस्ट्री सं ० डी. 221
भारत को राजपत्र The Gazette of India
असाधारण
EXTRAORDINARY
भाग II- खण्ड 3-उपखण्ड ( ii )
PART II- Section 3-Sub - section ( 11 )
प्राधिकार से प्रकाशित
PUBLISHED BY AUTHORITY
मई बिल्ली, मंगलवार, सितम्बर 28 , 1965 / प्राश्विन 6 , 1887 सं० 241] No. 241)
NEW DELHI , TUESDAY , SEPTEMBER 28 , 1965 / ASVINA 6 , 1887
इस भाग में भिन्न पृष्ठ संस्था वी जाती हैं जिससे कि यह अलग संकलन के रूप में रखा जा सके ।
Separate paging is given to this Part in order that it may be filled as a separate compilation .
MINISTRY OF FINANCE
(Department of Company Affairs & Insurance)
NOTIFICATIONS
New Delhi , the 28th September 1965
S.O. 3093. In exercise of the powers conferred by sub - section ( 5 ) of section 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 (Fourth Amendment ) Scheme , 1965 .
-شاء
(2 ) It shall come into force on the first day of October , 1965.
2. In the Emergency Risks (Goods ) Insurance Scheme , for paragraph 10 , the following paragraph shall be substituted , namely : -
" 10. Rate of Premium .
( 1 ) Subject to the provisions of sub - paragraph ( 2 ) the premium payable under any policy of insurance issued in respect of the quarter ending on the 31st December , 1965 , shall be payable at the rate of ten paise for every hundred rupees or any part thercof of the sum insured.
(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 ) .
( 987 )
THE GAZETTE OF INDIA EXTRAORDINARY
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[PART 11-
( 3) Where the amount of any premium payable under sub - paragraph ( i ) involves a fraction of a rupee , the premium shall be rounded ori 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 goods become insurable or are insured under this Scheme after the commencement of the quarter , the premium shall be payable in one lulump sum , which shall bebe 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 com- pleted months in that quarter before the goods become insurable or are insured bears to three , the actual amount due in accor- dance with this proviso if it involves a fraction being rounded off to the nearest rupee .
(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 the policies came into force on the date of such revision, " .
[No. F. 101 ( 8 ) -INS.1 / 63 - ERI - 1 .
S.O. 3094. In exercise of the powers conferred by sub - section ( 6 ) of section 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 Govern- ment of India in the Ministry of Finance ( Department of Economic Affairs ) No. S.Q. 3946 , dated the 26th December , 1962 , namely:-
1. ( 1 ) This Scheme may be called the Emergency Risks ( Factories ) ( Fourin Amendment) Scheme, 1965 .
(2 ) It shall come into force on the first day of October , 1965 .
2. In the Emergency Risks ( Factories ) Insurance Scheme , for paragraph 8 , the following paragraph shall be substituted , namely;-
" 8. Rate of Premium .
( 1) The premium payable under any policy of insurance issued in respect of the quarter ending on the 31st December , 1965 , shall be payable at the rateate of fifteen paise for every hundred rupees or any part thereof of the sum insüred .
(2 ) The Central Government may, in its discretion, at any time during the sald 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 payable in one lump sum , which shall be equivalent to the amount payable in respect of factories insurable during the entire quarter reduced by an amount which bears to the first mentioned amount the same proportion as the number of com- pleted months in that quarter before the factory becomes insur- able or is insured bears to three , the actual amount due in accordance with this proviso if it involves a fraction being round- ed off to the nearest rupee .
(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 THE GAZETTE OF INDIA EXTRAORDINARY
Sac. 3 ( ii )]
989
payable or of the amount of premium 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 ( 8 ) -INS.1/ 65 - 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 DELAI AND PUBLIAMED BY THE MANAGER OF PUBLICATIONS , DELMI , 1965