SENIOR CITIZENS SAVINGS SCHEME (AMENDMENT) RULES, 2017 – AMENDMENT IN RULE 2

NOTIFICATION NO. GSR 1235(E) [F.NO.1/10/2016-NS.II], DATED 3-10-2017

In exercise of the powers conferred by section 15 of the Government Savings Bank Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Senior Citizens Savings Scheme Rules, 2004, namely:—

1. (1) These rules may be called the Senior Citizens Savings Scheme (Amendment) Rules, 2017.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Senior Citizen Savings Scheme Rules, 2004, in rule 2, in clause (d), in sub-clause (ii), in the second proviso, for the words “irrespective of the above age limit” the words “on attaining the age of fifty years” shall be substituted.