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REGD NO. D.L.-33004/93

The Gazette of India

EXTRAORDINARY

PART II—Section 3~-Sub-section (i)

PUBLISHED BY AUTHORITY

No. 159] NEW DELHI, THURSDAY, APRIL 29, 1993/ VAISAKHA 9, 1915

Separate Paging is given to this Part in order that it may be files as a


separate compilation

996 Gl/93 (1)


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5 t-Hfe GA&feTTE OF INDIA : EXTRAORDINAkY J;PART I I - W $ <i)}

MINISTRY OF FINANCE
sites...L^sist^ (I^artment of Economic Affairs)
J
lUi-s ' '""^ NOTIFICATION • .;^.
New Delhi, tfte 29tfa Apti!, 1993
G.S.R. 390(E).~In exercise of the powers conferred by sctuon ID OI lae
Government Savings Bank Act, 1873 (S of 1873), the Central Government
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hereby makes the following rules further to amend the Post Office (Monthly
Income Account) Rules, 1987, namely : —
1. (1) These xules may be called 'he Post Office (Monthly Income
Account) (Amendment) Rules, 19y3.
(2) They shall come into force on the 1st day of June, 1993.
2. In the Post Office (Monthly Income Account) Rules, 1987.—(i) for
rub 4, the following italc shall be substituted, namely :— "4. opening of
accounts—A depositor may open more tinn one account under these rules
subject to the condition that deposits in all accounts taken together shall not
^exceed rupees two lakhs and four thousand in single account and rupees four
lakhs and eight thousand in joint account";

(ii) in rule 5, for sub rule (1), the following sub-rules shall oe substi-
tuted, namely:—
"(1) There shall be cnl^ one deposit hi the account of six thousand
rupees or multiple thereof not exceeding rupees two lakhs and four
thousand in single account and rupees four lakhs and eight thousand
in case of joint account".
NOTE: The principal rules were published vide GSR 701 (E) dated 30th
August, 1987 and amended vide GSR No. 805 (E) dated 21st July,
1988, GSR No. 46(E) dated 20-1-1989, GSR 581 (E) dated 12-9-1991
and GSR No. 430(E) dated 24-4-H:92.

[F. No. 18|1|92-NS. 11]


OM PAL SINGH, Under Secy.

Printed by the Manager, Govt. of India Press, Ring Road, New Delhi-110064
and Published by the Controller of Publications, LJelhi-110054, 1993
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