Union Government, Extraordinary, 1999-01-01, Part I-Section 1, Ref. F4 I-W&M/99 PDF
Preview Union Government, Extraordinary, 1999-01-01, Part I-Section 1, Ref. F4 I-W&M/99
REGD NO. D L -33004/98 The Gazette of India EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY No. 2] NEW DELHI, FRIDAY, JANUARY 1,1999/PAUSA 11,1920 5 GL/99 (1) 2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. I] MINISTRY OF FINANCE (Department of Economic Affairs) (Budget Division) NOTIFICATION New Delhi, the 1st January, 1999 RELIEF BOND No. F. 4(l)-W&M/99.-- The Government of India hereby notifies that the Scheme of 10% Relief Bonds, 1995 as specified in this Ministry's Notifications No.F.4(2)-W & M/93 dated 10th March 1993, No.F.4(14)-W & M/95 dated 29th September 1995 and No.F.4(14)-W & M/95 dated 12th November 1997 shall be subject to further amendment as follows : I. The Bonds will bear interest at the rate of 9% per annum with effect from 1st January, 1999 instead of 10% per annum. II. Consequent to the above, the Scheme shall be known as "9% Relief Bonds 1999" with effect from 1st January, 1999. 2. It is also hereby notified that the sale of 10% Relief Bonds, 1995 shall cease from 1st January, 1999. However, valid applications received by the Receiving Offices upto the date of receipt by them of the Government's decision regarding this reduction in the rate of interest shall be deemed to be subscription under the Scheme of 10% Relief Bonds, 1995. By Order of the President of India J. S. MATHUR, Addl. Secy. Printed by The Manager, Govt. of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-1 10054 —1999.
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