REGISTERED No. D. (D)-72

EXTRAORDINARY

PART II—Section 3—Sub-section (i)

PUBLISHED BY AUTHORITY

No.

105]

NEW DELHI, WEDNESDAY, MARCH 25, 1981/CHAITRA 4, 1903

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

1494 GI/80

MINISTRY OF FINANCE

(Department of Economic Affairs)

NOTIFICATIONS

New Delhi, the 25th March, 1981

G.S.R. 206(E).— In exorcise of the powers conferred by

Section 15 of the Government Savings Banks Act, 1873 (5 of

1873), the Central Government hereby makes the following

rules further to amend the Post Office Savings

Bank Rules,

1965, namely:—

1. (1) These rules may be called the Post Office Savings

Banks (Amendment) Rules, 1981.

(2) They shall come into force on the date of (heir publi-

cation in the Official Gazette.

(509)

510

THE GAZETTE OF INDIA : EXTRAORDINARY

[PART II—SEC. 3(i)]

2. In tho Post Office Savings Banks Rules, 1965, in item 4

of the Table below rule 3, after sub-item (a), tho following sub-

item shall be inserted, namely:—

"(b) Any person who is

Limited to One in

Tho pled-

required to deposit

the amount respect of ger or the

security in connection of security

each vehi- pledgers on

with the purchase of required to

clc or

produc-

a motor vehicle or

be deposi-

tractor

tion of

any person singly or

ted

written

persons jointly who

authority

is or are required to

from the

deposit security in

pledgee,

connection with the

purchase of a tractor.

NOTE:—In the case of a joint account for purchase of a tractor,

the word, "pledgers" means all joint holders who shall

have to sign jointly in operating the account".

[No. F. 3(2)-NS/77]

G.9.R. 207(E).—In pursuance of rule 9 of the Post Office

Savings Banks Rules, 1965 and in partial modification of

the notification of the Government of India in the Ministry

of Hnance (Department of Economic Affairs) No. G.S.R.

554(E) dated the 28th September, 1979, the Central Govern-

ment hereby notifies that the interest on the balance

at

credit of such Security Deposit Account as is opened by

any person who is required to deposit security in connection

with the purchase of a motor vehicle or any person singly

or persons jointly who is or are required to deposit security

in connection with the purchase of a tractor, shall be allowed

at the rate of 5 per cent per annum.

[No. F. 3(2J-NS/77]

A. C. TIWARI, Jt. Secy.

PRINT CD BY THE MANAGER, OOVT. OF INDIA PRESS, IUNQ ROAD, NEW DELHI-110064

AND PUBLISHED BY THE CONTRO)

OF P