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Date: 2017-01-19 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

Executive Summary: This document comprises three notifications from the Ministry of Finance, Department of Economic Affairs, amending rules related to post office schemes. The amendments, effective upon publication in the Official Gazette, concern the Post Office Monthly Income Account Rules, 1987; the Post Office Recurring Deposit Rules, 1981; and the National Savings Certificates VIII Issue Rules, 1989. The common theme is to include banks as authorized entities alongside post offices in these schemes. All notifications are dated January 18, 2017. Key Points / Main Content: Post Office Monthly Income Account Amendment Rules, 2016: The principal rules are the Post Office Monthly Income Account Rules, 1987. Rule 1, subrule 1: The words "Post Office" are replaced with "National Savings." Rule 2: After clause (b), a new clause (ba) is inserted, defining "Bank" as any branch of a public or private sector commercial bank authorized by the Government. Rule 4: A proviso is added, stating accounts can be opened in a post office or bank. Post Office Recurring Deposit Amendment Rules, 2016: The principal rules are the Post Office Recurring Deposit Rules, 1981. Rule 1, subrule 1: The words "Post Office" are replaced with "National Savings." Rule 2: After clause (a), new clauses (aa) and (ab) are inserted, defining "Bank" and "post office" Rule 6: After subrule 4, subrule 5 is added, specifying accounts can be opened in a post office or bank. National Savings Certificates VIII Issue Amendment Rules, 2016: The principal rules are the National Savings Certificates VIII Issue Rules, 1989. Rule 2: After subrule (i), a new subrule (ia) is inserted, defining "Bank" as any branch of a public or private sector commercial bank authorized by the Government to issue certificates. Rule 6: The words "post office" are replaced with "post office or bank." Impact Analysis: Central Government: Impact: Responsible for authorising public and private sector commercial banks to participate in these schemes. Action Required: Implement and oversee the inclusion of banks in the specified savings schemes, ensuring compliance and proper authorization of participating banks. Post Offices: Impact: Must adapt procedures and systems to reflect the "National Savings" designation and the inclusion of banks in offering these schemes. Action Required: Update account opening processes, train staff on revised rules, and coordinate with the Central Government on the transition. Banks (Public and Private Sector): Impact: Opportunity to offer and manage accounts and certificates under these schemes, subject to government authorization. Action Required: Seek authorization from the Government, establish necessary infrastructure and procedures, and train staff to comply with the rules of each scheme. Account Holders/Investors: Impact: Increased accessibility to these savings schemes through banks, in addition to post offices. Action Required: Be aware of the option to open and manage accounts/certificates at authorized banks and understand any differences in procedures between post offices and banks.

Key Entities Referenced

Ministry of Finance: The government ministry responsible for economic and financial matters in India. Department of Economic Affairs: A department within the Ministry of Finance responsible for economic policies and programs. Government Savings Banks Act, 1873: An Indian law that governs savings banks operated by the government. Central Government: The executive authority of the Republic of India. Post Office Monthly Income Account Rules, 1987: The set of regulations governing monthly income accounts offered through post offices. Post Office Recurring Deposit Rules, 1981: The regulations pertaining to recurring deposit schemes offered via post offices. National Savings Certificates VIII Issue Rules, 1989: The rules governing the issuance and operation of National Savings Certificates (VIII Issue). Government Savings Certificates Act, 1959: An Indian law related to government savings certificates.
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jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx II—[k.M 3—mi&[k.M (i) PART II—Section 3—Sub-section (i) izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 47] ubZ fnYyh] c`gLifrokj] tuojh 19] 2017@ikS"k 29] 1938 No. 47] NEW DELHI, THURSDAY, JANUARY 19, 2017/PAUSA 29, 1938 िव(cid:7004)त म(cid:7074)ं लाय (आ(cid:7414)थक काय (cid:6981)िवभाग) अिधसचू ना नई (cid:7408)द(cid:7016)ली, 18 जनवरी, 2017 सा.का.िन. 52(अ).—के(cid:7008) (cid:7076)ीय सरकार सरकारी बचत ब(cid:7289)क अिधिनयम, 1873 (1873 का 5) क(cid:7409) धारा 15 (cid:7367)ारा (cid:7079)द(cid:7004)त शि(cid:7334)य(cid:7298) का (cid:7079)योग करते (cid:7263)ए डाकघर (मािसक आय खाता) िनयम, 1987 का और संशोधन करने के िलए िन(cid:7013) निलिखत िनयम बनाती ह,ै अथा(cid:6981)त:- 1. (1) इन िनयम(cid:7298) का संि(cid:6979)(cid:7009) त नाम डाकघर (मािसक आय खाता) संशोधन िनयम, 2016 ह।ै (2) ये राजप(cid:7074) म(cid:7286) (cid:7079)काशन क(cid:7409) तारीख से लागू ह(cid:7298)गे। 2. डाकघर (मािसक आय खाता) िनयम, 1987 म(cid:7286), - (i)(cid:32) िनयम 1, उप-िनयम (1) म(cid:7286), ''डाकघर'' श(cid:7011) द के (cid:7021) थान पर ''रा(cid:7020) (cid:7069)ीयय बचत'' श(cid:7011) द रखा जाएगा; (ii)(cid:32) िनयम 2 म(cid:7286) खंड (क) के प(cid:7019) चात, िन(cid:7013) निलिखत खंड रखा जाएगा, अथा(cid:6981)त:- “(खक) 'ब(cid:7289)क' से आशय इन िनयम(cid:7298) के अधीन खाता खोलने के िलए सरकार (cid:7367)ारा (cid:7079)ािधकृत साव(cid:6981)जिनक (cid:6979)े(cid:7074) अथवा िनजी (cid:6979)े(cid:7074) के वािणि(cid:6996)यक ब(cid:7289)क क(cid:7409) कोई शाखा अिभ(cid:7079)ेत ह;ै” (iii)(cid:32) िनयम 4 म(cid:7286), उप-िनयम (2) के प(cid:7019) चात िन(cid:7013) निलिखत अंत:(cid:7021) थािपत (cid:7408)कया जाएगा; अथा(cid:6981)त:- ''परंतु इन िनयम(cid:7298) के अधीन डाकघर अथवा ब(cid:7289)क म(cid:7286) खाता खोला जाए।'' [फा. सं. 7/10/2014-एनएस] (cid:7079)शांत गोयल, संयु(cid:6989) त सिचव (cid:7407)ट(cid:7009)प णी: मूल िनयम सा.का.िन. 701(अ), तारीख 10 अग(cid:7021) त, 1987 को (cid:7079)कािशत (cid:7408)कया गया था और त(cid:7004) प(cid:7019) चात इसे सा.का.िन. 805(अ), तारीख 21 जुलाई, 1988, सा.का.िन. 46(अ), तारीख 20 जनवरी, 1989, सा.का.िन. 581(अ), तारीख 12 िसतंबर, 1991, 318 G/2017 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] सा.का.िन. 430(अ), तारीख 24 अ(cid:7079)ैल, 1992, सा.का.िन. 390(अ), तारीख 29 अ(cid:7079)ैल, 1993, सा.का.िन. 585(अ), तारीख 2 िसतंबर, 1993, सा.का.िन. 5(अ), तारीख 1 जनवरी, 1999, सा.का.िन. 45(अ), तारीख 15 जनवरी, 2000, सा.का.िन. 80(अ), तारीख 1 फरवरी, 2000, सा.का.िन. 613(अ), तारीख 18 जुलाई, 2000, सा.का.िन. 153(अ), तारीख 1 माच(cid:6981), 2001, सा.का.िन. 161(अ), तारीख 1 माच(cid:6981), 2002, सा.का.िन. 350(अ), तारीख 10 मई, 2002, सा.का.िन. 176(अ), तारीख 1 माच(cid:6981), 2003, सा.का.िन. 758(अ), तारीख 23 िसतंबर, 2003, सा.का.िन. 288(अ), तारीख 13 मई, 2005, सा.का.िन. 59(अ), तारीख 10 फरवरी, 2006, सा.का.िन. 521(अ), तारीख 1 अग(cid:7021) त, 2007, सा.का.िन. 763(अ), तारीख 8 (cid:7408)दसंबर, 2007, सा.का.िन. 741(अ), तारीख 4 अ(cid:6989) तूबर, 2011, सा.का.िन. 845(अ), तारीख 25 नवंबर, 2011, सा.का.िन. 322(अ), तारीख 25 अ(cid:7079)ैल, 2012, सा.का.िन. 399(अ), तारीख 25 जून, 2013, सा.का.िन. 223(अ), तारीख 13 माच(cid:6981), 2014, सा.का.िन. 490(अ), तारीख 11 जुलाई, 2014, सा.का.िन. 349(अ), तारीख 29 माच(cid:6981), 2016 और सा.का.िन. 942(अ), तारीख 30 िसतंबर, 2016 (cid:7367)ारा संशोिधत (cid:7408)कया गया था। MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 18th January, 2017 G.S.R. 52(E). – In exercise 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 (Monthly Income Account) Rules, 1987, namely:- 1.(cid:32) (1) These rules may be called the Post Office (Monthly Income Account) Amendment Rules, 2016. (2) They shall come into force on the date of their publication in the Official Gazette. 2.(cid:32) In the Post Office (Monthly Income Account) Rules, 1987, - (i)(cid:32) in rule 1, in sub-rule (1), for the words “Post Office”, the words, “National Savings” shall be substituted; (ii)(cid:32) in rule 2, after clause (b), the following shall be inserted, namely:- “(ba) “Bank” means any branch of a public sector or private sector commercial bank authorised by the Government to open an account under these rules;” ; (iii)(cid:32) in rule 4, the following Proviso shall be inserted, namely:- “Provided that the account under these rules shall be opened in post office or bank.” [F. No. 7/10/2014-NS] PRASHANT GOYAL, Jt. Secy. Note : The Principal rules were published vide G. S. R. 701(E), dated the 10th August, 1987, and subsequently amended vide: - G.S.R. 805(E), dated the 21st July, 1988, G.S.R. 46(E), dated the 20th January, 1989, G.S.R. 581(E), dated the 12th September, 1991, G.S.R. 430(E), dated the 24th April, 1992, G.S.R. 390(E), dated the 29th April, 1993, G.S.R. 585(E), dated the 2nd September, 1993, G.S.R. 5(E), dated the 1st January, 1999, G.S.R. 45(E), dated the 15th January, 2000, G.S.R. 80(E), dated the 1st February, 2000, G.S.R. 613(E), dated the 18th July, 2000, G.S.R. 153(E), dated the 1st March, 2001, G.S.R. 161(E), dated the 1st March, 2002, G.S.R. 350(E), dated the 10th May, 2002, G.S.R. 176(E), dated the 1st March, 2003, G.S.R. 758(E), dated the 23rd September, 2003, G.S.R. 288(E), dated the 13th May, 2005, G.S.R. 59(E), dated the 10th February, 2006, G.S.R. 521(E), dated the 1st August, 2007, G.S.R. 763(E) dated the 8th December, 2007 and G.S.R. 741(E), dated the 4th October, 2011 and G.S.R. 845(E), dated the 25th November, 2011, G.S.R. 322(E), dated the 25th April, 2012, G.S.R. 399(E), dated the 25th June, 2013, G.S.R. 223(E), dated the 13th March, 2014, G.S.R. 490 (E), dated the 11th July, 2014, G.S.R. 349(E), dated the 29th March, 2016 and G.S.R. 942(E), dated the 30th September, 2016.¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 3 अिधसचू ना नई (cid:7408)द(cid:7016)ली, 18 जनवरी, 2017 सा.का.िन. 53(अ).—के(cid:7008) (cid:7076)ीय सरकार सरकारी बचत ब(cid:7289)क अिधिनयम, 1873 (1873 का 5) क(cid:7409) धारा 15 (cid:7367)ारा (cid:7079)द(cid:7004)त शि(cid:7334)य(cid:7298) का (cid:7079)योग करते (cid:7263)ए, डाकघर आवत(cid:7278) जमा िनयम, 1981 म(cid:7286) और संशोधन करने के िलए िन(cid:7013) निलिखत िनयम बनाती ह,ै अथा(cid:6981)त:- 1. (1) इन िनयम(cid:7298) का संि(cid:6979)(cid:7009) त नाम डाकघर आवत(cid:7278) जमा (संशोधन) िनयम, 2016 ह।ै (2) ये राजप(cid:7074) म(cid:7286) (cid:7079)काशन क(cid:7409) तारीख से लागू ह(cid:7298)गे। 2. डाकघर आवत(cid:7278) जमा िनयम, 1981 म(cid:7286), - (i)(cid:32) िनयम 1, उप-िनयम (1) म(cid:7286), ''डाकघर'' श(cid:7011) द(cid:7298) के (cid:7021) थान पर ''रा(cid:7020) (cid:7069)ीय बचत'' श(cid:7011) द रखा जाएगा; (ii)(cid:32) िनयम 2 म(cid:7286) खंड (दो) के प(cid:7019) चात िन(cid:7013) निलिखत खंड अंत:(cid:7021) थािपत (cid:7408)कए जाएंगे, अथा(cid:6981)त:- “(कक) 'ब(cid:7289)क' श(cid:7011) द से इन िनयम(cid:7298) के अधीन खाता खोलने के िलए सरकार (cid:7367)ारा (cid:7079)ािधकृत साव(cid:6981)जिनक (cid:6979)े(cid:7074) अथवा िनजी (cid:6979)े(cid:7074) के वािणि(cid:6996)यक ब(cid:7289)क क(cid:7409) कोई शाखा अिभ(cid:7079)ेत ह;ै (कख) ''डाकघर'' से भारत म(cid:7286) बचत ब(cid:7289)क काय(cid:6981) करने वाले डाकघर और इन िनयम(cid:7298) के अंतग(cid:6981)त खाता खोलने के िलए (cid:7079)ािधकृत डाकघर अिभ(cid:7079)ेत ह;ै” (iii)(cid:32) िनयम 6 म(cid:7286), उप-िनयम (4) के प(cid:7019) चात िन(cid:7013) निलिखत उप-िनयम अंत:(cid:7021) थािपत (cid:7408)कया जाएगा; अथा(cid:6981)त:- “(5) इन िनयम(cid:7298) के अंतग(cid:6981)त डाकघर अथवा ब(cid:7289)क म(cid:7286) खाता खोला जाएगा।” [फा. सं. 7/10/2014-एनएस] (cid:7079)शांत गोयल, संयु(cid:6989) त सिचव (cid:7407)ट(cid:7009)प णी: मूल िनयम सा.का.िन. 666(अ), तारीख 17 (cid:7408)दसंबर, 1981 को (cid:7079)कािशत (cid:7408)कया गया था और त(cid:7004) प(cid:7019) चात इसे सा.का.िन. 301(अ), तारीख 1 अ(cid:7079)ैल, 1982, सा.का.िन. 258(अ), तारीख 11 माच(cid:6981), 1983, सा.का.िन. 62(अ), तारीख 14 फरवरी, 1984, सा.का.िन. 95(अ), तारीख 7 फरवरी, 1986, सा.का.िन. 194(अ), तारीख 13 फरवरी, 1986, सा.का.िन. 363(अ), तारीख 1 अ(cid:7079)ैल, 1987, सा.का.िन. 39(अ), तारीख 16 जनवरी, 1988, सा.का.िन. 458(अ), तारीख 15 अ(cid:7079)ैल, 1988, सा.का.िन. 708(अ), तारीख 21 जुलाई, 1989, सा.का.िन. 16(अ), तारीख 9 जनवरी, 1990, सा.का.िन. 190(अ), तारीख 27 माच(cid:6981), 1991, सा.का.िन. 579(अ), तारीख 12 िसतंबर, 1991, सा.का.िन. 918(अ), तारीख 11 (cid:7408)दसंबर, 1992, सा.का.िन. 42(अ), तारीख 1 फरवरी, 1993, सा.का.िन. 587(अ), तारीख 2 िसतंबर, 1993, सा.का.िन. 2(अ), तारीख 1 जनवरी, 1999, सा.का.िन. 748(अ), तारीख 4 नवंबर, 1999, सा.का.िन. 44(अ), तारीख 15 जनवरी, 2000, सा.का.िन. 152(अ), तारीख 1 माच(cid:6981), 2001, सा.का.िन. 160(अ), तारीख 1 माच(cid:6981), 2002, सा.का.िन. 514(अ), तारीख 23 जुलाई , 2002, सा.का.िन. 662(अ), तारीख 23 िसतंबर, 2002, सा.का.िन. 175(अ), तारीख 1 माच(cid:6981), 2003, सा.का.िन. 588(अ), तारीख 25 जुलाई, 2003, सा.का.िन. 838(अ), तारीख 27 (cid:7408)दसंबर, 2004, सा.का.िन. 480(अ), तारीख 26 जून, 2008 और सा.का.िन. 740(अ), तारीख 4 अ(cid:6989) तूबर, 2011 और सा.का.िन. 843(अ), तारीख 25 नवंबर, 2011, सा.का.िन. 320(अ), तारीख 25 अ(cid:7079)ैल, 2012 सा.का.िन. 398(अ) तारीख 25 जून, 2013, सा.का.िन. 221(अ) तारीख 13 माच(cid:6981), 2014, सा.का.िन.491(अ) तारीख 11 जुलाई, 2014, सा.का.िन.355(अ) तारीख 29 माच(cid:6981), 2016 और 943(अ) तारीख 30 िसतंबर, 2016 (cid:7367)ारा संशोिधत (cid:7408)कया गया था। NOTIFICATION New Delhi, the 18th January, 2017 G.S.R. 53(E).–In exercise 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 Recurring Deposit Rules, 1981, namely:- 1.(cid:32) (1) These rules may be called the Post Office Recurring Deposit (Amendment) Rules, 2016.4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] (2) They shall come into force on the date of their publication in the Official Gazette. 2.(cid:32) In the Post Office Recurring Deposit Rules, 1981, - (i)(cid:32) in rule 1, sub-rule (1), for the words “Post Office”, the words “National Savings” shall be substituted; (ii)(cid:32) in rule 2, after clause (a), the following clauses shall be inserted, namely:- “(aa) “Bank” means any branch of a public sector or private sector commercial bank authorised by the Government to open an account under these rules; (ab) “post office” means any post office in India doing savings bank work and authorised to open an account under these rules;” ; (iii)(cid:32) in rule 6, after sub-rule (4), the following sub-rule shall be inserted, namely:- “(5) The account under these rules shall be opened in post office or bank.” [F. No. 7/10/2014-NS] PRASHANT GOYAL, Jt. Secy. Note : The Principal rules were published vide G. S. R. 666(E), dated the 17th December, 1981, and subsequently amended vide: - G.S.R. 301(E), dated the 1st April, 1982, G.S.R. 258(E), dated the 11th March, 1983, G.S.R. 62(E), dated the 14th February, 1984, G.S.R. 95(E), dated the 7th February, 1986, G.S.R. 194(E), dated the 13th February, 1986, G.S.R. 363(E), dated the 1st April, 1987, G.S.R. 39(E), dated the 16th January, 1988, G.S.R. 458(E), dated the 15th April, 1988, G.S. R. 708(E), dated the 21st July, 1989, G.S.R. 16(E), dated the 9th January, 1990, G.S.R. 190(E), dated the 27th March, 1991, G.S.R. 579(E), dated the 12th September, 1991, G.S.R. 918(E), dated the 11th December, 1992, G.S.R. 42(E), dated the 1st February, 1993, G.S.R. 587(E), dated the 2nd September, 1993, G.S.R. 2(E), dated the 1st January, 1999, G.S.R. 748(E), dated the 4th November, 1999, G.S.R. 44(E), dated the 15th January, 2000, G.S.R. 152(E), dated the 1st March, 2001, G.S.R. 160(E) dated the 1st March, 2002, G.S.R. 514(E), dated the 23rd July, 2002, G.S.R. 662(E), dated the 23rd September, 2002, G.S.R. 175(E), dated the 1st March, 2003, G.S.R. 588(E), dated the 25th July, 2003, G.S.R. 838 (E), dated the 27th December, 2004, G.S.R. 480(E), dated the 26th June, 2008 and G.S.R. 740(E), dated the 4th October, 2011 and G.S.R. 843(E), dated the 25th November, 2011, G.S.R. 320( E), dated the 25th April, 2012, G.S.R. 398 ( E), dated the 25th June, 2013, G.S.R. 221 ( E), dated 13th March, 2014, G.S.R. 491 (E), dated the 11th July, 2014, G.S.R. 355(E), dated the 29th March, 2016 and G.S.R. 943(E), dated the 30th September, 2016. अिधसचू ना नई (cid:7408)द(cid:7016)ली, 18 जनवरी, 2017 सा.का.िन. 54(अ)–क(cid:7286)(cid:7076)ीय सरकार सरकारी बचत प(cid:7074) अिधिनयम, 1959 (1959 का 46) क(cid:7409) धारा 12 (cid:7367)ारा (cid:7079)द(cid:7004) त शि(cid:6989) तय(cid:7298) का (cid:7079)योग करते (cid:7263)ए, रा(cid:7020) (cid:7069)ीय बचत प(cid:7074) (VIII िनग(cid:6981)म) िनयम, 1989 म(cid:7286) और संशोधन करने के िलए िन(cid:7013) निलिखत िनयम बनाती ह,ै अथा(cid:6981)त:- 1. (1) इन िनयम(cid:7298) का संि(cid:6979)(cid:7009) त नाम रा(cid:7020) (cid:7069)ीय बचत प(cid:7074) (VIII िनग(cid:6981)म) संशोधन िनयम, 2016 ह।ै (2) ये राजप(cid:7074) म(cid:7286) (cid:7079)काशन क(cid:7409) तारीख से लागू ह(cid:7298)गे। 2. रा(cid:7020) (cid:7069)ीय बचत प(cid:7074) (VIII िनग(cid:6981)म) िनयम, 1989 म(cid:7286), (i) िनयम 2 म(cid:7286) उप-िनयम (i) के प(cid:7019) चात, िन(cid:7013) निलिखत उप-िनयम अंत:(cid:7021) थािपत (cid:7408)कया जाएगा, अथा(cid:6981)त: (iक) “ब(cid:7289)क” से प(cid:7074) जारी करने के िलए सरकार (cid:7367)ारा (cid:7079)ािधकृत साव(cid:6981)जिनक (cid:6979)े(cid:7074) अथवा िनजी (cid:6979)े(cid:7074) के वािणि(cid:6996) यक ब(cid:7289)क क(cid:7409) कोई शाखा अिभ(cid:7079)ेत ह।ै”; (ii) िनयम 6 म(cid:7286), “डाक घर” श(cid:7011) द(cid:7298) के (cid:7021) थान पर “डाक घर अथवा ब(cid:7289)क” श(cid:7011) द रखे जाएंगे। [फा. सं. 7/10/2014-एनएस] (cid:7079)शांत गोयल, संयु(cid:6989) त सिचव¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 5 (cid:7407)ट(cid:7009)प णी: मूल िनयम सा.का.िन. 496(अ), तारीख 1 मई, 1989, को (cid:7079)कािशत (cid:7408)कया गया था और त(cid:7004) प(cid:7019) चात इसे सा.का.िन. 508(अ), तारीख 23 मई, 1990, सा.का.िन. 120(अ), तारीख 8 माच(cid:6981), 1998, सा.का.िन. 7(अ), तारीख 1 जनवरी, 1999, सा.का.िन. 491(अ), तारीख 6 जुलाई, 1999, सा.का.िन. 47(अ), तारीख 15 जनवरी, 2000, सा.का.िन. 156(अ), तारीख 1 माच(cid:6981), 2001, सा.का.िन. 572(अ), तारीख 2 अग(cid:7021) त, 2001, सा.का.िन. 163(अ), तारीख 1 माच(cid:6981), 2002, सा.का.िन. 711(अ), तारीख 17 अ(cid:6989) टूबर, 2002, सा.का.िन. 179(अ), तारीख 1 माच(cid:6981), 2003, सा.का.िन. 590(अ), तारीख 25 जुलाई, 2003, सा.का.िन. 591(अ), तारीख 25 जुलाई, 2003, सा.का.िन. 820(अ), तारीख 16 अ(cid:6989) टूबर, 2003, सा.का.िन. 289(अ), तारीख 13 मई, 2005, सा.का.िन. 744(अ), तारीख 4 अ(cid:6989) टूबर, 2011 और सा.का.िन. 842(अ), तारीख 25 नवंबर, 2011, सा.का.िन. 318(अ), तारीख 25 अ(cid:7079)ैल, 2013, सा.का.िन. 397(अ), तारीख 25 जून, 2013, सा.का.िन. 226(अ), तारीख 13 माच(cid:6981), 2014, सा.का.िन. 494(अ), तारीख 11 जुलाई, 2014 और सा.का.िन. 354(अ), तारीख 29 माच(cid:6981), 2016 और सा.का.िन. 944(अ), तारीख 30 िसतंबर, 2016 (cid:7367)ारा संशोिधत (cid:7408)कया गया। NOTIFICATION New Delhi, the 18th January, 2017 G.S.R. 54(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 (VIII Issue) Rules, 1989, namely:- 1.(cid:32) (1) These rules may be called the National Savings Certificates (VIII Issue) Amendment Rules, 2016. (2) They shall come into force on the date of their publication in the Official Gazette. 2.(cid:32) In the National Savings Certificates (VIII Issue) Rules, 1989, - (i)(cid:32) in rule 2, after sub-rule (i), the following sub-rule shall be inserted, namely:- “(ia) “Bank” means any branch of a public sector or private sector commercial bank authorised by the Government to issue certificates;” ; (ii)(cid:32) in rule 6, for the words “post office”, the words, “post office or bank,” shall be substituted. [F. No. 7/10/2014-NS] PRASHANT GOYAL, Jt. Secy. Note : The principal rules were published vide G.S.R. 496(E), dated the 1st May, 1989, and subsequently amended vide: G.S.R. 508(E), dated the 23rd May, 1990, G.S.R. 120(E), dated the 8th March, 1998, G.S.R. 7(E), dated the 1st January, 1999, G.S.R. 491(E), dated the 6th July, 1999, G.S.R. 47(E), dated the 15th January, 2000, G.S.R. 156(E), dated the 1st March, 2001, G.S.R. 572(E), dated the 2nd August, 2001, G.S.R. 163(E), dated the 1st March, 2002, G.S.R. 711(E), dated the 17th October, 2002, G.S.R. 179(E), dated the 1st March, 2003, G.S.R. 590(E), dated the 25th July, 2003, G.S.R. 591(E), dated the 25th July, 2003, G.S.R. 820(E), dated the 16th October, 2003, G.S.R. 289(E), dated the 13th May, 2005, G.S.R. 744(E), dated the 4th October, 2011 and G.S.R. 842(E), dated the 25th November, 2011, G.S.R. 318( E), dated the 25th April, 2013, G.S.R. 397(E), dated the 25th June, 2013, G.S.R. 226( E), dated the 13th March, 2014, G.S.R. 494 (E), dated the 11th July, 2014, G.S.R. 354(E), dated the 29th March, 2016 and G.S.R. 944(E), dated the 30th September, 2016. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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