REGISTERED NO.D(D.N)-72 — THE GOVERNMENT SAVINGS PROMOTION ACT, 1873

REGISTERED NO.D(D.N)-72 The Gazette of India EXTRAORDINARY PART II—Section 3—Sub-section (i) PUBLISHED BY AUTHORITY No 74] NEW DELHI , WEDNESDAY , FEBRUARY 12 , 1986/MAGHA 23 , 1907 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) NewDJhi.the 12th February , 1986 NOTIFICATIONS G.S.B . No . 193 (E):—In exercise of the powers conferred by section 15 of the Govemni:*n Savings Banks Act , 1873 (5 of 1873) , sho Ct'Kisl Government hereby me Ices tbc follow i ;g rul . · . funh „ to ., ., nvjul the Post Office Time D v posit Rules 1981 , nim.l>: — 1 . (!) Tho"e ruLs may be called the PIA; Cffitx Time Deposit (AmenimeT) Rule , 1936 . They Oiall come into force on the In day of April , 1986 . 2 . In (he Po't Office Time Deport Rules , 1981 , in rule 8. — (i) fur the eM-'ting clause U) , the following clauses c hall ho 'ub«*itattd , namely— "(at No deposit may be withdrawn before the expiiy of six m.'in'hs from the date of deposit . (aa) WhciO a deposit in a l-ykar , 2-year , 3-year or J-year account is withdrawn prematurely after 6 nion'lK but beforo the expiry of one y<,ar from thj date of d^pcit , no interest shell be pcyable to the depositor"; GO In clause It 1 ) , for the \vi«K and figures "Where a deposit in a 2-ye'.r , 3-yefr or 5->OM acun t is wifhdravn preiiaturely" , tho w >rd° d° and figures "Where a c'cp-i-it in a 2-y^ar , 3-yt.ar or 5-year account is withdrawn p/eraatun ly after the expiry of one >car from (he cate of deposit, " shall be substituted . [F.No . 2/28/84-NSO)] Note:—The prin;ip."l ruks were publ ;c hed \ie!e G.S.R . 664CE) dated 17-12-81 and amended vide G.S.R . 300IF.) da< e d 1-4-8? , G.S.R . 257(E) dat< d 11-3-83 and G.S.R . 418(E) dated 10-5-85 . G.S.R .