P.O. S.B. Manual Vol. III - India Post

hundred or lower and rupee one in any other case, shall be chargeable in respect of the followingtransactions, namely:-(i) transfer of a certificate from one person to another, except the transfer from the name ofthe deceased holder to his heir or from a holder to a court of law or to any other person under the ordersof a court of law or transfer made under Rule 19 and the transfer mentioned in sub-clause (v) and (vi) ofclause (a) of sub-rule (2) of Rule 16.(ii) issue of duplicate certificate under Rule 20.(iii) issue of certificate of discharge under Rule 24.(iv) partial discharge of a certificate under Rule 29.(v) conversion from one denomination to another under Rule 30.117Explanation1:- The fee to the charged for the issue of a certificate of discharge under clause (iii) shallbe calculated separately on the aggregate face value of all certificates which were purchased on any oneapplication and which are included for discharge in the discharge certificate.Explanation2:- The fee to the charged for a partial discharge under clause (iv) or for a conversionunder clause (v) shall be based on the number and denomination of the certificates required to be issuedon such discharge on conversion.(2) A fee of 50 paise shall be chargeable on every application for registration of a nominationor of any variation in nomination or cancellation thereof: Provided that no fee shall be chargeable onapplication for registration of the first nomination.33. Responsibility of the Post Office:- The Post Office shall not be responsible for any losscaused to a holder by any person obtaining possession of a certificate and fraudulently encashing it.34. Rectification of mistakes:- (i) The Director General, Posts or (ii) The Postmasters Generalor Heads of Postal Divisions in their respective jurisdictions, may either suo moto or upon an applicationby any person interested in any certificate issued in pursuance of these rules, rectify any clerical orarithmetical mistake with respect to that certificate, provided that it does not involve any financial loss tothe Government or to any such person.35. Discontinuance of 12-Year National Defence Certificates:- There shall be no issue of 12-YearNational Defence Certificates after the close of business on the 14 th March, 1970.36. Special Provisions:- Where the face value of the certificates including the 3 ½ per cent TreasurySavings Deposit Certificates, 4 per cent Treasury Savings Deposits Certificates and 4 ½ per cent DefenceDeposit Certificates but excluding the 10-Year National Plan Certificates held by an adult or two adultsjointly, prior to the 16 th March, 1970 exceeds the limit of Rs. 25,000 and Rs. 50,000 respectivelyprescribed under Rule 5, but does not exceed the limits permissible prior to the said date, such excessshall not be deemed to be an excess holding under Rule 13.37. Power to relax:- Where the Central Government is satisfied that the operation of any of theprovisions of these rules causes undue hardship to a subscriber, it may, by order for reasons to berecorded in writing, relax the requirements of that provision in a manner not inconsistent with theprovisions of the Act.