Post Office Monthly Income Account rules amended to remove the two-year maximum restriction from rule 9A. The Central Government, exercising statutory power under section 15 of the Government Savings Banks Act, 1873, issues the Post Office (Monthly Income Account) Amendment Rules, 2011 (G.S.R. 741(E)), effective on publication in the Official Gazette. The amendment deletes the words 'for a maximum period of two years' from rule 9A of the Post Office (Monthly Income Account) Rules, 1987, removing that temporal limitation.
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Post Office Monthly Income Account rules amended to remove the two-year maximum restriction from rule 9A.
The Central Government, exercising statutory power under section 15 of the Government Savings Banks Act, 1873, issues the Post Office (Monthly Income Account) Amendment Rules, 2011 (G.S.R. 741(E)), effective on publication in the Official Gazette. The amendment deletes the words "for a maximum period of two years" from rule 9A of the Post Office (Monthly Income Account) Rules, 1987, removing that temporal limitation.
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