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The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (ii)

PUBLISHED BY AUTHORITY

No 138] NEW DELHI, SATURDAY, MARCH 18, 1967/PHALGUNA 27, 1888

Separate paging is given to this Part in order that it may be filed

as a separate compilation

MINISTRYOFFINANCE

(Departmetn of Revenue and Insurance)

NOTIFICATION

NewDelhi,the 17th March 1967

S. O. 927—Where as the Central Government is of the opinion that it is neces- sary in the public interest to do so.

Now, therefore, in exercise of the powers conferred by rule 126U of the

DefenceofIndiaRules,1962and in supersession of the notification of the

Government of India in the Ministry of Finance, Department of Economic Affairs,

No. S.O. 2014, dated the 3rd August, 1963, the Central Government hereby makes

the following order, namely:-

1. Messrs Hutti Gold Mines Company Limited, a licensed refiner under Part

XIIA of the defence of India Rules, 1962.-

(i) may make of manufacture primary gold inanyform or may get such primary gold converted into standard g o ld bars by the G o v e r n m e nt of India Mint at Bombay;

(ii) shall not be subject to the conditions, limitations and r e s t r i c t i o ns

specifiedinthe notification of the Government of India, Ministry of FinanceDepartmentofRevenueandInsurance No S O 693 dated 25th February 1967 under rule 126CC of the Defence of India Rules 1962 except that it shall maintain the record of the gold dealt with byitin the forms prescribedinthe said notification2 Nothing in paragraph 1 shall apply to the said refiner unless it complies with thefollowingconditions, namely: — (i) it shall not buy or otherwise acquire any gold from any person; (713)

Provided that it may sell or otherwi o transfer or agree to sell or othei- wise transfer standard gold bars, manufactured from the gold obtanied by it from the minps belon^int; to it, to the State Bank Of India and may either by itself or through the said Bank sell or otherwise transfer or agree to sell or otherwise transfer such Standard RoM bars to any person or institution who hold8 any permit, under Part XIIA of the Defence of India Rules. 1862, foi the acquisition of gold.

[No. F. 13/89/66-GC II ]

JASJTT SINGH. M. Serv.