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REGISTERED No. D. 221

The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No. 186] NEW DELHI, MONDAY, AUGUST 21, 1972/ SRAVANA 30, 1894

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

as a separate compilation

MINISTRY OF FINANCE

(Department of Economic Affairs)

NOTIFICATION

New Delhi, the 2lst August 1972

No. F.5 (10)-W&M/72.—Subscriptions for the issue of further tranches of the 4³/4 per cent Loan, 1979, 5 per cent Loan 1983 and 5-3/4 per cent Loan, 2002 (issued already in terms of the Government of India, Ministry of Finance Notification No. F.5(5)-W&M/72 dated the 29th June 1972) will be received from the 15th of September, 1972. Subscriptions will be in the form of cash and the issues will be closed without notice, as soon as it appears that the total subscriptions amount approximately to Rs. 215 crores (nominal) and in any case not later than the close of business on the 18th of September, 1972. Government reserve the right to retain subscriptions received upto 10 per cent in excess of the sum of Rs. 215 crores.

2. If the total subscriptions to the aforesaid loans exceed the sum of Rs. 236.50 crores (Nominal), partial allotment will be made in respect of the loans on a proportionate basis. If partial allotment is made the excess subscriptions will be refunded as soon as possible after allotment. No interest will be paid on the amounts so refunded.

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4J PER CENT LOAN, 1979 ISSUED AT Ba 100.00 PER CENT AND REDEEM- ABLE AT PAR ON THE 15TH JULY 187S.

3. Date of repayment.—The Loan will toe repaid at par on the 15th of July, 1979.

4. Issue Price.—The Issue price will be Rs. 100.00 tor "very Rs. 100.00 (Nominal) of the Loan applied for.

5. Interest.—The Loan will bear Interest at the rate of 41 per cent per annum from 15th September, 1972. Interest for the period 16th September 1972 to 14lh January 197.S inclusive, will be paid on 15th January 1073 and thereafter payment of interest will be made half yearly on the 15th of July and 15th of January. The interest paid will, subject to the provisions of paragraphs 13 and 14 below, be liable to tax under the Income-tax Act, 1961.

5 PER CENT LOAN 1883 ISSUED AT Rs. 99.50 PER CENT AND REDEEM- ABLE AT PAR ON THE 15TH JULY, 1083.

6. Date of Repayment.—-The Loan will be repaid at par on the 15th of July, 1983.

7. Issue Price.—The Issue price will be Rs. 99.50 for every Rs. 100,00 (Nominal) of the Loan applied for.

8. Interest.—The loan will bear interest at the rate of 5 per cent, per annum from the 15th September 1972. Interest lor the period 15th September 1972 to 14th January, 1973 inclusive, will be paid on 15th January 1973 and thereafter payment of interest will be made half yearly on the 15th of July and 15th of January, The Interest paid will, subject to the provisions of paragraphs 13 and 14 below, be liable to tax under the Income-Tax Act, 1961.

Si PER CENT LOAN, 2002 ISSUED AT Rs, 100.00 PER CENT AND REDEEM- ABLE AT PAR ON THE 15TH JULY, 2002.

9. Date of repayment.—The loan will be repaid at par on the 15th of July, 2002.

10. Issue Price.—The issue price will be Rs. 100.00 for every Rs, 100.00 (nominal) of the Loan applied for.

11. Interest.—The Loan will bear Interest at the rate of 5-3/4 per cent per annum from 15th September, 1972. Interest for the period 15th September 1972 to 14th January, 1973 inclusive will be paid on 15th January, 1973 and thereafter payment of interest will be made half yearly on the 15th of July and 15th of January. The interest paid will, subject to the provisions of paragraphs 13 and 14 below, be liable to tax under the Income-Tax Act, 1961.

SUPPLEMENTARY PROVISIONS

12. Place of payment of Interest.—Interest on the Loans will be paid at the Public Debt Offices of the Reserve Bank of India at Ahmedabad, Bangalore, Bombay, Calcutta, Hyderabad, Jaipur, Kanpur, Madras, Nagpur, New Delhi and Patna, at any treasury or sub treasury elsewhere in India, except for the State of Jammu and Kashmir, and at the Central Government's Pay and Accounts Offices at Jammu and Srinagar.

13. Refunds of tax deducted at the time of payment of Interest (at rates pres- cribed by the Annual Finance Acts) will be obtainable by holders of the Loans who are not liable to tax or who are liable to tax at a rate lower than the rate at which tax was deducted.

A holder who is not liable to tax or who is liable to tax at a rate lower than the prescribed rate, can obtain on application, a certificate from the Income-Tax Officer of the district, authorising payment of interest to him without deduction of tax or with reduction of tax at such lower rate as may be applicable to the holder.

14. Interest on all the Loans now issued together with interest on other previ- ous Government securities and income from other approved Investments will be exempt from income-tax subject to a limit of Rs. 3,000 per annum and subject to other provisions of Section SOL of the Income-Tax Act, 1961.

IPMVT- I—SEC. 1] Itm GA , 1 1B . . A_ itnj\ _

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15. The value of Investments in the Loans now Issued together with the value of other previous In vestments in Government securities and the other Invest- ments specified in Section 5 of the Wealth Tax Act wjll also be exempt from the Wealth Tax upto Rs. 1,50,000.

Ifi. The securities will be issued in the fd - of:—

(i) Stock, the applicants for which will oe Riven Stock Certificates, of (11) Promissory Notes.

If no preference Is stated ) v the applicants, the securities will be issued in the form of Promissory Notes.

17. Applications for the Loans: Applications for the Loans must be for Rs. 100 or a multiple of that sum.

18. Applications will be received at:—

(a) offices of the Reserve Bank of India nt Ahmedabad. Bangalore, Bombay (Fort and BycuUa), Calcutta, Hyderabad, Kanpur, Madras, Nagpur, New Delhi and Patna,

(b) branches of the subsidiary banks of the State Bank of India conduct- ing Government treasury work except at Hyderabad; and

(c) branches of the State Bank of India at oth?r places in India.

19. Applications may be in the form attached hereto or in any other form which states clearly the amount and description of the securities required, the full name and address of the applicant and the office at which he desires the interest to be paid.

20. Applications should be accompanied by the necessary payment in the form of cash or cheque Cheques tendered at the office of the Reserve Bank of India, the State Bank of India or its subsidiary banks should be drawn in favour of the Bank concerned.

21. Brokerage will be paid at the rate of 6 paise per Rs. 100 (Nominal) to recognised banks and brokers on allotments made in respect of applications for the Loans tendered by them and bearing th?lr stamp.

FORM OF APPLICATION

I/We

(Full name(s) in Block letters)

herewith tender *Cash Rs

s t o ck •Cheque for Rs and request that securities of 4J per cent Loan 1979V5 per cent Loan 1983* /5-3/4 per cent Loan 20O2* for the nominal value of RS may be issued to me/us In the form of Promissory Note (3) t

Certificate interest to be payable at

Signature.. Name in full

• (Block letters)

Address

Dated the of September 1972

NOTE: —

(1) Separate application should be made for each Loan and each form of scrip (Stock Certificate for Promissory Note) of the Loan required. (2) If the applicant's signature is by thumb mark, It should be witnessed by two persons The full names, occupations and addresses of the witnesses should be appended to their signatures.

(3) If the application Is made in the name of a registered body, the undernoted documents, If not already registered at the Public Debt Office, should he enclosed with the investment application:-—

(1) Certificate of Registration/Incorporation,

(ii) Memorandum and Articles of Association or a certified copy of the Rules and Regulations/Bye-laws of the body/company.

(ill) Certified copy of resolution in favour of the person authorised to deal in Government securities on behalf of the body/company.

*Belete what is not required.

fPromlssory Notes will be Issued in denominations of Rs 100, Rs. 200, Rs. 500, Rs. 1,000, Rs. 5,000, Rs. 10,000, Hs. 25,000, Rs, 50,000 and Ra. 1,00,000. State here the particular denominations required.

By order of the President,

B. MAITHREYAN, Jt. Sec.v.

PRINTED BY THE UENERAL MANAGER, OOVERNMKNT OF INDIA PRESS, MINTO ROAD, NEW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS, DELHI, 1972

REGISTERED NO. D. 221

The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No. 187] NEW DELHI, TUESDAY, AUGUST 22, 1971/SRAVANA 31, 1894

Separate paging is given to this Part in order that it may be filed as a separate compilation

MINISTRY OF FOREIGN TRADE

PUBLIC NOTICE

EXPORT TRADE CONTROL

New Delhi, the 22nd August 1972

SUBJECT.—Export of Railway Wagons.

No. 16-ETC(PN)/72.—Item Railway Wagons has been brought under item No. 107 of Schedule I, Part B to the E(G)O, 1968 vide Exports (Control) Thirteenths Amendment Order 1972, published in the Gazette of India Extraordinary dated the 22nd August, 1972.

2. It has been decided to canalise the export of Railway Wagons through.

Projects & Equipment Corporation of India Ltd. with immediate effect.

M. M. SEN,

Chief Controller of Imports and Exports..

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