The Gazette of India
EXTRAORDINARY
PART 1—Section—1
PUBLISHED BY AUTHORITY
No. 246) NEW DELHI, WEDNESDAY, DECEMBER 27, 1978/PAU3A 6, 1900
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 27th December, 1978
1224 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]Economic Affairs No. F.12(14>PP/75 dated 30th June,1975, the pattern of investment to he followed by p-cvident funds,- super- - aanuation funds and gratuity AflKlf, in order to be eligible to" invest moneys in Post Office Tirfii deposits and under ihc Spe- cial Deposit Scheme, had beeu presciibcd,- Tlic investment pattern prescribed in the said notification shall, with effect frcm th" 1st January, 1979. be substituted by tho frllcwing:—
INVESTMENT PATTERN
(i) Government securities as defined Not less than twenty
in region 2 of the Public Debt per cent. Act, 1944 (18 of 1944) created and issued by the Central Government.
(ii) (a) Government Securities as Not loss than Uenty
defined in section 2 of the Public per cent. Debt Act, 1944 (IS of 1944) crea- ted and issued by any State Government ;
(b) Any other negotiable sccu- Not less than ritie' the principal whereof and twenty per cent interest whereon is fully and un- conditionally guaranteed by the Central Government or any State Government.
(iii) 7 year National Savings Orljfi- Not exceeding thirty cates (Second Issue and Third five per cent. Issue) or Post Office Time Deposits.
(iv) Special Deposit Scheme iptro. Not exceeding twenty duced by the notification of the five per cent. Government of India in the Mi- nistry of Finance, Department of Economic Affairs No, F. 16- (D-PD/75 dated the 30th June, 1975
At the time of making an investment in Post Office Time Deposilf or under tho Special DepoPit Schorne, the authority administering the fund shall furnish a certificate to the Post Office or the deposit office, as the case may be, that the investment pattern prescribed by the Government has been followed.
K.N. ROW, Joint Secy. (Budget)