Wednesday, December 28, 2011

Notification F.No. 1-10-2011-NS-II dated 25 November 2011 & Notification F.No. 1-12-2011-NS-II, dated 25 November 2011


Notification F.No. 1-10-2011-NS-II dated 25 November 2011
It is notified for general information that the sale of Kisan Vikas Patras shall be discontinued
with effect from the close of business on Wednesday, the 30th November, 2011.


Notification F.No. 1-12-2011-NS-II, dated 25 November 2011

In exercise of the powers conferred by clause (1) of article 283 of the Constitution, the President
hereby makes the following further amendments in the National Small Savings Fund (Custody
and Investment) Rules, 2001, namely:-


1. (1) These rules may be called the National Small Savings Fund (Custody and Investment)
Amendment Rules, 2011.
(2) They shall come into force on the 1st day of December 2011.

2. In the National Small Savings Fund (Custody and Investment) Rules, 2001, in rule 9,-
(a) In sub-rule (1),-
(i) after the words "State Government Securities", the words "or in any other
instrument" shall be inserted;
(ii) proviso shall be omitted;
(b) For sub-rule (10), the following shall be substituted, namely:-
"(10) The amount received on maturity of the investments shall be invested in the
Central Government and State Government securities. Such securities shall be
issued in accordance with the provision contained in sub-rule (3). Suitable
accounting entries as mentioned in sub-rule (5) and sub-rule (6) shall be made by
the Chief Controller of Accounts, Ministry of Finance".

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