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Extraordinary Gazette of India · Government of India

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Published 29 September 1976

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E-1199-1976-0325-53454
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REGISTERED No. D-(D)-72

The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (1)

PUBLISHED BY AUTHORITY

No. 325] NEW DELHI, WEDNESDAY, SEPTEMBER 29, 1976/ASVINA 7, 1898

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 29th September, 1976

G.S.R. 834 (E).—In exercise of the powers conferred by section 12 of the Govern- ment Savings Certificates Act, 1959 (46 of 1959) the Central Government hereby makes the following rules further to amend the National Savings Certificates (V- Issue) Rules, 1973, namely:—

1. (i) These rules may be called the National Savings Certificates (V Issue) (Third Amendment) Rules, 1976.

(ii) They shall come into force on the first day of October, 1976.

2. In the National Savings Certificates (V-Issue) Rules, 1973, in rule 26, in sub-rule (1)—

(a) for the words "following Table", the words "following Tables" shall be.

substituted;

( 2 4 2 9)

2 4 30 THE GAZETTE OF INDIA EXTRAORDINARY PART II—SEC. 3(i)

(b) for the Table, the following Tables shall be substituted, namely:—

"TABLE A

Surrender values of National Sayings Certificates (V Issue) issued on or after 1st October,

1976.

Face value

Ra. 50

Rs. 10

Rs. 500 Rs. 1000

Rs. 100

Surrender value after expiry of 3 years but before expiry of 5 years from date of issue . ..

13.00 65-00 130"00 650-00 1300-00

15-90 79-50

Surrender value after expiry of 5 years but before expiry of 7 years from date of issue

795-00

159-00

1590-00

After 7 complete years

20-00 100-00 200-00 iooo-oo 2000-00

TABLE B

Surrender values of National Savings Certificates (V Issue) issued prior to the 1st October,

1976 but encashed after that date.

Face value

Rs. 10 Rs. 50 Rs. 100 Rs. 500 Rs. 1000

Surrender value after expiry of 3 years but before expiry of 5 years from the date of issue •

12-80 64-00

640-00 1280-00

128-00

775-00 Surrender value after expiry of 5 years but before expiry of 7 yearn from the date of issue

15-50

155-00

1530*00

7T5O

TABLE C

Surrender values of 7-year National Savings Certificates (V-Issue) purchased prior to 1st

October, 1976 but encashed on maturity after the said date.

Amount payable on maturity Unexpire^ period to maturity as on

1st October, 1976

Rs. 50

Rs. 10

Rs. 100 Rs. 500 Rs. 1000

More than 2 yrars but less than

years . ..

99-20

992-00 1984-00

198-40

19-84

More than 3 years but" less t han years . . . ..

198-70 993-50

19-87

1987'00

99"35

More than 4 years but less than 5

years . . . ..

99-50

19-90

995-00 1990-00

199-00

More than 5 years but less than 6

years .

1993.00

19930 996-50

19.93 99-65More than 6 years but less than 7 years . .. 998-00 99-80 199-60 1996-0 0 19-96 [No. F. 2 (27)-NS/79.]

K. N. ROW, Jt. Secy.

2431

2 4 32 THE GAZETTE OF INDIA EXTRAORDINARY PART L|—SJIC. 3(1)

PRINTED BY THE GENERAL MANAGER, OOVERNMENT OF INDIA PRESS, MINTO ROAD,

NEW DELHI (AND PUBLISHED BY THE CONTROLLER OP PUBLICATIONS, DELHI, 1 9 76

Cite this issue. Extraordinary Gazette of India, Government of India, 29 September 1976. Indian Gazettes, https://egazette.servantsofknowledge.in/details/in.gazette.csl_extraordinary.1976-09-29.E-1199-1976-0325-53454/. Archive identifier in.gazette.csl_extraordinary.1976-09-29.E-1199-1976-0325-53454.