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Extraordinary Gazette of India · Government of India

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Published 28 February 1980

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REGISTERED No. D. (D.)72

The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (i)

PUBLISHED BY AUTHORITY

No. 45] NEW DELHI, THURSDAY, FEBRUARY 28, 1980/PHALGUNA 9, 1901 Separate paging is given to this Part in order that it may be filed as a separate compilation

1236 GI/79

(117)

118 1HE GAZETTE OF INDiA : EXTRAORDINARY [PART II—SEC. l(i)] 1 3 2 4 6 5 1 00 126. 40 118.65 13 5. 15 155.50 5 00 832.00 593.25 675. 75 144. 50 722.50 777.50 1000 1186.50 1264. 01) 1351 .00 1555.00 M45. 00

5000

5932 50

6320.00

6757.50

7225. 00

7775.0u"

MINISTRY OF FINANCE

(Department of Economic Affairs)

NOTIFICATIONS

New Delhi, the 281h February, 1980

G.S.R. 6S(E).—In exercise of the powers conferred by section 12 of Ihe Government Savings Certificates Act, 1959 (46 of 1959), the

Central Government hereby makes the following rules further to amend the Post Office Savings Certificates Rules, I960, namely :-—

1. (1) These rules may be called the Post Office Savings Certificates (Amendment) Rules, 1980,

(2) They shall come into force with immediate effect.

2. In rule 31 of the Post Office Savings Certificates Rules, 1960 :—

(1) For clause (d) of sub-rule (2), the following shall be substituted, namely : —

"(d) The amounts (including interest) payable on discharge of 1-Year National Savings Certificates (II Issue) of different denominations Issued on or after the 1st October, 1979, shall b= as In the following Table, namely :—

TABLE

Surrender values of 7-Year National Savings Certificates (It Issue) issued on or after 1st October, 1979

Face Value

After 7 completed years

After 5 completed years but before completion of 6 years

After 4 completed years but b:fore completion of 5 yn.

After 3 completed years but before completion of 4 yrs.

After 6 completed years but before completion of 7 yearsRs. 11.85 59.30 118.65 593.25 1186.50 5932.50 Rs. 12.60 63,20 126.40 632,00 1264.00 6320.00 Rs. 14.45 72.25 144.50 722.50 1445.00 7225.00 Rs. 13.50 67.55 135.15 675.75 1351.50 6767,50 Rs. 15.55 77.75 155.50 777.50 1555.00 7775. OO" Rs. 10 50 100 500 1000 5000

119 [wrll—<*** 3(i)] mrmvi

(ii) in sub-rule (4),~

(a) for the existing heading "TABLE" "TABLE A" shall be substituted ;

(b) after "TABLE A", for the existing words, figures and brackets "Surrender value? of 7-Year National Savings Certificates (II Issue) encashed under rule 22(3)", the following words, figures and brackets shall be sustitutcd, namely :— "Surrender values of 7-Year' National Savings Certificates (JMssue) issued prior to 1-10-1979, encashed under Rule 22(3)"

(c) After Table A, the following Table B shall be inserted, namely :—

"TABLE-B

Surrender value of 7-year National Savings Certificates (Il-Issue) issued on or after 1st October, 1979, encashed under Rule 22(3)

Face Value

Rs. 50

Rs. 10

Rs. 100 Rs. 500 Rs. 1000 Rs. 5000

Surrender value after expiry

of 1 year, but before expiry

of 2 years, from date of

522.50

52.25

104.50

issue . . ..

10.45

1045.00

5225.00

Surrender value after expiry

of 2 years but before expiry

of 3 years from date of

issue . . ..

110.05

11.00

55.00

550.25

U00.50

5502.50"

[F. 2/18/79-NS (II)]

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1973 *T flTT fl>tS

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*T TW , 1980

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73 ("VTtT W T) t>TT, 1973 * ffiHT 26 if,—

( I) 5f, f>"*rR srroft 3 * Fim it faRfafaa

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13. 00

16. 10

10

14. 40

17.95

20. 45 85.00

80. 50

50

72.00

89. 80

102.25 130.00

161.05

100

144. 00

179,60

204.50 650.00

SOS. 25

300

720.00

898. 00

1022.50 1300.00

1810.50

1000

1440.00

1796.00

2045. 00"

(u) 37 torn (2) *f

(i)

(ii)

18(2) * wCl*

7T

1979

1 8 ( 2) Ti 1

(iii)

, witq

TT

1 8 ( 2)

, 1979

lOlo

50H0

lOOOlo

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531.25

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1062 50 it irf *>

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2/18/79-^50^0 (I)]

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J20 , .'IHE GAZCTIE OF INDIA : EXTRAORDINARY [PART Ilr-SEC. 3(i)j

G.S.R. 66 (E).—In exercise of the powers conferred by section 12 of the Government 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.(1) These rules may to called the National Savings Certificates (V Issue) Amendment Rules, 1980.

(2) Thoy shall com^ into force with immediate effect.

2. In rule 26 of the National Savings Certificates (V Issue) Rules, 1973 :—

(a) In sub-rule (1), for the existing Table E, the following shall ba substituted namely :—

"TABLE E

Surrender values of National Savings Certificates (V Issues) issued on or after 1st October, 1979

After 7 completed Face Value

years

After 5 completed yiars., but before completion of 6

After 6 completed years, but before completion of 7

After 4 completed years, but before completion of 5 years

years

years

After 3 completed yeais, but before completion of 4 years

Rs. 13.00 65.00 130.00 650.00 1300.00

Rs. 14.40 72.00 144.00 720.00 1440.00

Rs. 16,10 80.50 161,05 805.25 1610.50

Rs. 17.95 89.80 179.60 898.00 1796.00

Rs. 20.45 102.25 204.50 1022.50 2045.00" Rs. 10 50 100 500 1000

(b) in sub-rule (2),—

(1) for the existing heading, "TABLE", "TABLE A" shall be subitituted :

(ii) after TABLE A, for the existing Words, figures and "brackets "Surrender valuti of 7-Year National Savings Certificates

(V Issue) encashed under Rule 18(2)", the following words, figures, and brackets shall be substituted, namely :— "Surender value of 7-Yeal National Savings Certificates (V-Issue) issued prior to 1st October, 1979, encashed under Rule 18(2)" ;

(iii) after Table A the following Table B shall be inserted :-•

"TABEE B

Surrender values of 7-Year National Savings Certificates (V Issue) lsujed on or after 1st October, 1979, encashed under Rule 18(2)

Face Value

Rif. 50

Rs. 10

Rs. 500

RV100

Rs. 1000

53.10

10.60

531.25

106.25

1062.50

56.85

11.35

Surrender value after expiry of I year, but before expiry of 2 years from date of issue Surrender value after expiry of 2 years, but before 3 years from date of issue

113,70

568.50

1137,00"

[F. 2/18/79-NS0)]

A. C. TIWARI, Jt. Secy.

Cite this issue. Extraordinary Gazette of India, Government of India, 28 February 1980. Indian Gazettes, https://egazette.servantsofknowledge.in/details/in.gazette.csl_extraordinary.1980-02-28.E-1036-1980-0045-45319/. Archive identifier in.gazette.csl_extraordinary.1980-02-28.E-1036-1980-0045-45319.