TaxTMI 
TaxTMI 
Social Security Certificates Rules, 1982
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....red under the Co-operative Societies Act, 1912 (2 of 1912) or under any other law for the time being in force ; (v) "Corporation" means a corporation established by or under any law for the time being in force, but does not include a company : (vi) "Form" means a form appended to these rules ; (vii) "Government company" means a company as defined in section 617 of the Companies Act, 1956 (1 of 1956) ; (viii) "identity slip" means an identity slip issued to a holder of a certificate under rule 11 ; (ix) "local authority" means a municipal corporation, municipal committee, district board, body of port commissioners or other authority legally entitled to or entrusted by the Government with the control or management of a municipal or local fund ; (x) "old certificate" means a certificate issued under the Post Office Savings Certificates Rules, 1960, or the National Savings Certificates (First Issue) Rules, 1965, or the National Savings Certificates (IV Issue) Rules, 1970, or the National Saving Certificates (V Issue) Rules, 1973, or the National Savings Annuity Certificates Rules, 1976, or the National Savings Certificates (VI Issue....
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....e, or undergone any surgical operation which has resulted in the applicant's hospitalisation for more than ten days; (c) where a proposal of insurance on the applicant's life has been made at any time to the Life Insurance Corporation of India or under the Postal Life Insurance Scheme, such proposal shall not have been rejected by the said Corporation or under the said scheme; (d) the application in Form 1 shall be complete in all respects and shall be accompanied by the documents as specified in the said Form and bear the signature of the applicant or his thumb impression, if he is illiterate which shall be affixed by him in the presence of an authorised person and no addition, deletion or modification in any manner shall be made in the declarations contained in the said Form save as otherwise directed therein. Explanation : For the purpose of this clause, "authorised person" means the Postmaster of the post office at which the application is presented, or any other official of the post office as may be authorised in this behalf by the Director General, Posts and Telegraphs, or an authorised agent of small savings scheme; (e) the applica....
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....regular holding.- Any certificate purchased or acquired in contravention of these rules shall be encashed by the holder as soon as the fact of the holding being in contravention of these rales is discovered and no Interest shall be paid on any holding in contravention of these rules. 11. Identity slip.- (1) If a request for the issue of an identity slip is made at any time by the holder of a certificate to the post office where the certificate stands registered, an identity slip shall be issued to such holder on his signing the identity slip. (2) The identity slip shall be surrendered at the time of the final discharge of the certificate or in case of its loss, a declaration of such loss shall be furnished to the post office in the form laid down by the Director General, Posts and Telegraphs. 12. Transfer from one post office to another.- (1) A certificate may, during its maturity period, be transferred from a post office at which it stands registered, to any other post office on the holder making an application in the form laid down by the Director General, Posts and Telegraphs at either of the two post Offices. Provided that where a person holds more than one certific....
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....rtificate as security under sub-rule (1) or releasing the pledge under sub-rule (4) on behalf of the respective institution, shall certify under his dated signature and seal of office that he Is duly authorised under the articles of the said institution, to execute such instruments or deeds on its behalf. (5) Where as a result of several endorsements made under sub-rule (2) and (4) on a certificate, no space is left for making further endorsements of a like character on that certificate, a fresh certificate may be issued by the Postmaster of the office of registration in lieu of such certificate. (6) A fresh certificate issued under sub-rule (5) shall be treated as equivalent to the certificate in lieu of which it has been issued for all the purposes of these rules. 14. Replacement of lost or destroyed certificate. - (1) if a certificate is lost, stolen, destroyed, mutilated or defaced, the person entitled thereto may apply for the issue of a duplicate certificate to the post office, where the certificate is registered or at any other post office in which case the application will be forwarded to the post office where the certificate stands registered. (2) Every such ap....
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....y submitting an application in Form 3, together with the certificate, to the Postmaster of the post office at which the certificate stands registered. (3) Separate applications for nomination or cancellation of a nomination or variation of a nomination shall made in respect of certificates registered on different dates. (4) The nomination or the cancellation of a nomination or the variation of a nomination shall be registered in the Head Post Office concerned and the fact of registration shall be noted on the certificate and on such registration, the said nomination or cancellation or variation of nomination, as the case may be, shall be deemed to be effective from the date on which it was presented. 16. Payment on maturity.- On the expiry of the maturity period of a certificate, its holder or, in the event of his death, his nominee, or if there is no surviving nominee, the legal heir of the holder, as the case may be, shall be entitled to receive a sum inclusive of Interest of Rs. 1500 if the certificate, is of the denomination of Rs. 500 or Rs. 3000 if the certificate is of the denomination of Rs. 1000 and such interest shall accrue at the end of each year as specified i....
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....od. (1) Subject to rule 21 and sub-rules (2), (3) and (4), on the death of the holder of a certificate- (a) due to any cause, at any time after the expiry of two years from the date of issue of the certificate and before the expiry of its maturity, period, or (b) due to one or more non-natural causes at any time before the expiry of two years from the date of issue of the certificate, the nominee or if there is no surviving nominee, the legal heir of the holder, as the case may be, shall be entitled to receive in respect of each such certificate held by the deceased holder, payment of a sum of Rs. 1500 or Rs 3000 according to the denomination of the certificate of Rs. 500 or Rs. 1000, as the case may be. Explanation.- For the purpose of clause (b), 'non-natural causes' shall mean accidents due to external, violent and visible means and shall include rail and road accidents, electrocution, snake-bite, drowning, fire and attack by wild animal but shall not include self-injury and suicide. (2) If a doubt arises as to whether the death of the holder was or was not due to a non-natural cause other than self-injury or suicide, the certificate i....
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....rding to the denomination of the certificate of Rs. 500 or Rs. 1000, as the case may be; or (ii) encash the certificate at any time before the expiry of its maturity period, in which case he shall be entitled to receive a sum equivalent to the face value of the certificate together with interest as specified in sub-rale (1) of rule 17; provided that no such interest shall be payable If the certificate is encashed before the expiry of one year from the date of the certificate. 19. Place of encashment.- A certificate shall be encashable at the post office at which it stands registered : Provided that a certificate may be encashed at any other post office if the officer-in-charge of that post office is satisfied on production of identity slip or on verification from the office of its registration that the person presenting the certificate for encashment is entitled thereto. 20. Discharge of certificate.- (1) The person entitled to receive the amount due under a certificate shall, on its encashment sign on the back thereof in token of having received the payment. (2) A certificate of discharge may be issued by the post office to any person encashing a cert....
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....rter belonged or the Committee of Adjustment, as the case may be, may send requisition to the officer in charge of the post office where the certificate stands registered to pay to him or it, the amount due under the certificate and the officer in charge of the post office shall be bound to comply with such requisition even though there is In force at the time of death or desertion of holder of the certificate & nomination maid in favour of any person. Explanation.- The aforesaid requisition must be made under section 3 or section 4 of the Army and Air Force (Disposal of Private Property) Act, 1950 (40 of 1950), in the case of a person belonging to the Army or the Air Force, or under section 171 or section 172 of the Navy Act, 1957 (62 of 1957) in the case of a person belonging to the Navy. 23. Conversion from one denomination to the other.- (1) On an application being made in this behalf by the holder, certificates of lower denomination may be exchanged for a certificate or certificates of higher denomination of the some aggregate face value or a certificate of higher denomination may be exchanged for certificates of lower denomination of the same aggregate face value : P....
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....rnment or to any such person. 28. Recovery of irregular payments.- If any amount has been paid as Interest or otherwise to any person save as provided in these rules, it shall be forthwith refunded to the Government failing which the Government shall be entitled to recover the amount from any money payable by the Government to such person or as an arrear of land revenue. 29. Interpretation.- If any question arises relating to the interpretation of these rules, it shall be referred to the Central Government for a decision. 30. Power to relax.- Where the Central Government is satisfied that the operation of any of the provisions of these rules causes undue hardship to the holder of a certificate or his nominee or legal heir, as the case may be, it may, by order, for reasons to be recorded in writing, relax the requirements of that provision in a manner not inconsistent with, the provisions of the Act. FORM 1 [See rules 5, 9 and 15(1)] FORM OF APPLICATION FOR PURCHASE OF SOCIAL SECURITY CERTIFICATES To The Postmaster___________ 1. I_________________ son*/daughter*/wife* of_________________ hereby apply for the purchase of Social Security ....
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.... As the nominee(s) at Serial Nos_________ above is/are minor(s), I appoint the following persons to receive the amount due on the said certificate(s) in the event of my health during the minority of the nominee(s). Name of nominee Name and address of person appointed Witness: Name_________ Address___________ Signature of witness____________ ^GBP4. I require identity slip. ^$5. The certificate(s) (and Identity slip GBP) may be made over to Shri/Smt_____________ agent (Authority No______________,) or to my messenger Shri/Smt. presenting this application. GBPGBP Cross out paragraph 3, if nomination is not required. GBP Cross out, if identity slip Is not required. For Identity slip if required, applicant's specimen signature and marks of identification must be furnished in the space below paragraph 8. $ Cross out, if the certificates and identity slip (where required) are to be received by the applicant personally. DECLARATION OF HEALTH 6. I hereby declare- (a) that I am of good health. (b) that during the last three years I have not suffered from asthma, pneumonia....
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....t (i) Specimen Signature of applicant (ii) ________________________ ___________________________ RECEIPT OF CERTIFICATES(S) Received the certificate(s) detailed at paragraph 1 above and **identity slip. **Cross out if not required. Signature or thumb impression of applicant or his messenger/agent (Authority No___________) Date______________ FOR USE OF POST OFFICE Age group of applicant at the time of application : A 18-30 years B 31-35 years C 36-40 years D 41-45 years Total number of certificate issued as follows with reference to paragraph 1 :________________ Certificate Number Issue Price (Rs.) Date of encashment Initials of postmaster Remarks (transfer, issue of duplicate, etc.) Identifier of applicant*______________________________ Action for transfer of certificates from other circles__________________ Date_________________ Signature of Postmaster. ____________....
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....res are known to the Post Office. Order of the Postmaster accepting the nomination. Date stamp of Post office Signature of Head/Sub-Postmaster. FORM 3 [See rule 15(2)] INDIAN POSTS AND TELEGRAPHS DEPARTMENT Serial No___________ FORM OF APPLICATION FOR CANCELLATION OR VARIATION OF NOMINATION PREVIOUSLY MADE IN RESPECT OF SAVINGS CERTIFICATES UNDER SECTION 6 OF THE GOVERNMENT SAVINGS CERTIFICATES, ACT, 1959. (This form will be filled in by the holder and submitted with the certificate to the Postmaster of the office where the certificate stands registered.). To The Postmaster, Space for postage Stamps _____________ Under provisions of section 6(1) of the Government Savings Certificates Act, 1959, I,_________________ the holder of Social Security Certificates detailed in para 3 below, hereby cancel the nomination previously made by me in respect of these certificates and registered in your office under No.__________ dated ____________. *In place of the cancelled nomination, I hereby nominate the person(s) mentioned below, who shall, on my death, become entitled to the Certificate(s) and to be paid the sum du....