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National Savings Certificates amendment permits local authorities and approved housing finance companies as eligible subscribers, effective on publication. The amendment to rule 12(1) of the National Savings Certificates (VIII Issue) Rules, 1989 omits a trailing conjunction and inserts two clauses establishing as eligible subscribers a local authority and a housing finance company approved by the National Housing Bank and notified by the Central Government.
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National Savings Certificates amendment permits local authorities and approved housing finance companies as eligible subscribers, effective on publication.
The amendment to rule 12(1) of the National Savings Certificates (VIII Issue) Rules, 1989 omits a trailing conjunction and inserts two clauses establishing as eligible subscribers a local authority and a housing finance company approved by the National Housing Bank and notified by the Central Government.
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